Firm noted for representation of TradeWeb LLC in its acquisition by Thomson Corp., <i>The Daily Deal</i>,

Firm noted for representation of TradeWeb LLC in its acquisition by Thomson Corp., The Daily Deal, "Thomson Snares TradeWeb"

In its article, "Thomson Snares TradeWeb," the April 12th Daily Deal notes that "Thomson Corp. said...it will buy online bond brokerage TradeWeb Group LLC for $385 million in cash, cementing the company's shift from print publishing to providing electronic data and services. The price tag could grow to $535 million if Jersey City, N.J.-based TradeWeb meets performance goals over the next three years. TradeWeb is owned by eight investment banks - Citigroup Inc., Credit Suisse First Boston, Deutsche Bank AG, Goldman, Sachs & Co., J.P. Morgan Chase & Co., Lehman Brothers Inc., Merrill Lynch & Co. and Morgan Stanley. The company enables Internet-based trading in fixed-income securities such as U.S. Treasury and agency discount notes, among other investment instruments." The Deal Memo acknowledges William Reindel and Charles Rule as the Fried Frank partners working on the transaction.

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