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Crestview Portfolio Company to Be Acquired by Cott for $1.25 Billion
- Client News
- November 6, 2014
As reported in The New York Times, Reuters and other media outlets, Paul, Weiss client DS Services Holdings, Inc., a portfolio company of Crestview Partners, announced that its parent company, DSS Group, Inc., has entered into a definitive merger agreement to be acquired by Cott Corporation for approximately $1.25 billion, including the assumption of debt and the issuance of preferred shares to Crestview Partners and other selling shareholders. The transaction is expected to close by the end of January 2015.
The Paul, Weiss team acting as legal advisor to DSS included, among others, corporate partners Neil Goldman, Kenneth Schneider and John Kennedy and counsel Didier Malaquin; tax partner Richard Bronstein; and environmental counsel William O'Brien.