Sidley is representing InnerWorkings, Inc. in its definitive agreement to combine operations with HH Global Group Limited. HH Global will acquire InnerWorkings for US$3.00 per share in an all-cash transaction representing approximately US$177 million in equity value. This represents a premium of 127% to the closing price, and a premium of 104% to the 90-day volume weighted average price as of July 15, 2020.
The team includes Gary Gerstman, Scott Williams, Jay Bishop-Boros, Jack Melamed, Evan Saunders, André Rouillard, and Athena Aherrera (Corporate); Matt Johnson and Greg Marrs (Employee Benefits); Karen Goldstein and Bryan Robson (Global Finance); and Suresh Advani (Tax), as well as Christopher Hale and Phillip Acevedo (M&A); James Weiss, Peter McCorkell, and Chris Morgan (Labor), Alison Boren, Sean Damm, and James Crooks (Global Finance); Karen Kazmerzak and Amanda Norton (Antitrust/Competition), Elizabeth McCloy and Jessica Royel (Real Estate); Stephen Fronk and Elliott Blufer (Technology and IP Transactions); Ash Nagdev (IP Litigation); and Mark Prior (Securities and Shareholder Litigation).
