Firm noted for representation of TradeWeb LLC in its acquisition by Thomson Corp., <i>New York Law Journal</i>,

Firm noted for representation of TradeWeb LLC in its acquisition by Thomson Corp., New York Law Journal, "New Deals"

The April 15th "New Deals" column of the New York Law Journal notes that the "Thomson Corp. has agreed to acquire online bond exchange TradeWeb LLC for $385 million from a consortium of eight investment banks. Additionally, the consortium can receive up to $150 million over the next three years if TradeWeb meets achievement targets. TradeWeb operates an online fixed-income trading network. Every business day more than $85 billion is traded through their network. The company was privately owned by Credit Suisse First Boston, Citigroup, Goldman Sachs, Lehman Brothers, Merrill Lynch, Morgan Stanley, JP Morgan and Deutsche Bank. With the completion of the deal, Thomson can now compete in the online trading market with other providers such as Bloomberg LP....Fried, Frank, Harris, Shriver & Jacobson [LLP] acted as legal counsel for TradeWeb. The Fried Frank team was led by partner F. William Reindel and included partners Steven G. Scheinfeld, Charles F. Rule, Joel Scharfstein, Donald P. Carleen...Pauline L. Wen was special counsel on the deal."

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