Akin Gump Wins Three Awards for Middle-Market Financing
(Washington, D.C.) – The M&A Advisor has announced the recipients of the fourth annual U.S. Middle-Market Financing Awards. Akin Gump Strauss Hauer & Feld LLP led the competition, receiving three awards: Media, Entertainment or Telecom Deal of the Year (Media Rights Capital’s $350 million credit facility); Energy Deal of the Year (El Paso Pipeline Partners’ acquisition of assets from El Paso Corporation); and Financial Services Deal of the Year (acquisition of First Southwest Company by Plains Capital Corporation).
An independent panel of judges representing a cross-section of the M&A industry selected the award recipients. The judges’ decisions were based on several criteria, including quantitative factors (e.g., transaction value, impact on shareholder/company value and market share) and qualitative considerations (e.g., impact of transaction on the market/industry, ingenuity in structuring and/or negotiations, and diligence and perseverance in consummating the deal). In order to be considered, transactions had to close between April 1, 2008, and March 31, 2009, and have a transaction value of between $10 million and $1 billion.
Akin Gump has won 10 M&A Advisor Awards since 2006.
Founded in 1945, Akin Gump Strauss Hauer & Feld LLP, a leading international law firm, numbers more than 900 lawyers in the United States, Europe, Asia and the Middle East.
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