Our M&A lawyers are among the most experienced and effective in the world. We represent many of the world's largest publicly traded and privately held companies, as well as leading private equity firms on their most important mergers, acquisitions and takeover transactions.
Virtu Financial to Acquire ITG in $1 Billion Deal
- Client News
- November 6, 2018
Paul, Weiss is representing high-speed trading firm Virtu Financial, Inc. in its approximately $1 billion acquisition of brokerage Investment Technology Group, Inc. (ITG). ITG shareholders will receive $30.30 in cash for each share, a 9 percent premium over the stock’s closing price and more than 40 percent over ITG’s average closing share price in the 30 days prior to news reports of a potential sale on October 4.
The Paul, Weiss team includes, among others, corporate partners Jeffrey Marell, Thomas de la Bastide, Ellen Ching and John Kennedy and counsel Stephen Koo and Patricia Vaz de Almeida; tax partners Brian Grieve and David Mayo; employee benefits partner Lawrence Witdorchic and counsel Uri Horowitz; litigation partner Andrew Gordon and counsel Peter Jaffe and Rachel Fiorill; real estate partner Salvatore Gogliormella; tax partner David Mayo; intellectual property counsel Jonathan Ashtor; and environmental counsel William O’Brien.