Paul Weiss is advising Apollo Global Management and an Apollo-led investor group on the group’s acquisition of Atlas Air Worldwide, a global provider of outsourced aircraft and aviation operating services in an all-cash deal.
Jones Day is advising the other investor group members, affiliates of J.F. Lehman & Company and Hill City Capital, while Cravath, Swaine & Moore is counseling Purchase, New York-based Atlas Air Worldwide.
The agreement calls for Atlas Air Worldwide shareholders to receive $102.50 per share, representing a 57% premium to the share’s 30-day volume-weighted average trading price as of July 29, when news of a possible ...
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