Wake Up Call: Two Firms Lead Deal to Create Property Giant

May 22, 2023, 12:14 PM UTC

Welcome to Bloomberg Law’s Wake Up Call, a daily rundown of the top news for lawyers, law firms, and in-house counsel.

  • Wachtell Lipton is advising shopping center owner, operator, and developer Regency Centers Corp. on its agreement to acquire Urstadt Biddle Properties Inc. in an all-stock transaction valued at around $1.4 billion. Hogan Lovells is advising Urstadt Biddle. The deal, expected to close late in the third quarter or early in the fourth quarter, would create a $16 billion property giant, Hogan Lovells’ press release said. Hogan Lovells said its team was led by partner Stacey McEvoy. (RegencyCenters.com) ...

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