Akin Gump Wins Three M&A Advisor Awards
Akin Gump won the “Distressed Financing Deal of the Year” award for its representation of an informal committee of second lien lenders of Recycled Paper Greetings (RPG), the third-largest greeting card company in North America, in negotiations that culminated in a pre-packaged, court-approved plan of reorganization and the subsequent purchase of RPG by American Greetings, the United States’ second-largest greeting card company.
Akin Gump won the “Consumer and Retail Products Deal of the Year” award for its representation of The Great Atlantic & Pacific Tea Company, Inc. (A&P), an East Coast grocery chain with over 400 grocery stores operating under the A&P, Food Emporium and Pathmark brands, in a $175 million private offering of convertible preferred stock and a $260 million secured high-yield bond offering.
In addition, Akin Gump was named “Law Firm of the Year” for its success in closing middle-market M&A deals.
The Awards Gala – held on June 21 at the Drake Hotel in Chicago – honored deal teams, dealmakers and firms. This year, 99 finalists in 26 categories were chosen. An independent body of experts spanning the middle-market financing industry determined the ultimate recipients of the awards.
Akin Gump has received 15 M&A Advisor Awards since 2006.
Founded in 1945, Akin Gump Strauss Hauer & Feld LLP, a leading international law firm, numbers more than 800 lawyers in the United States, Europe, Asia and the Middle East.
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