McDermott Advises Carlyle Group and APAMA on Merger with Progress Software
LONDON (20 April 2005) — The international law firm of McDermott Will & Emery has advised Apama and Carlyle Group on Apama’s merger with Progress Software Corporation.
The transaction was structured as a reverse triangular merger, resulting in gross proceeds of $28.2 million to the stockholders of Apama, and retention payments to the employees of Apama's subsidiary, Apama (UK).
The cross-border McDermott Will & Emery team was supported by client partner Michael McFall (London) and tax partner Jeff Wagner (Chicago).
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The London office of McDermott Will & Emery opened in November 1998. It has become a full-service City practice, providing a comprehensive range of legal services to a broad range of corporate, institutional, governmental and private clients.
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McDermott Will & Emery’s presence in London reflects our commitment to provide superior client service in strategic locations across Europe and the United States.
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McDermott Will & Emery is an international law firm (among the top 20 both in the United States and globally) with more than 1000 lawyers who practice from the Firm's offices in Boston, Brussels, Chicago, Düsseldorf, London, Los Angeles, Miami, Milan, Munich, New York, Orange County, Rome, San Diego, Silicon Valley and Washington, D.C.
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Carlyle Group is a global private equity firm. Apama is a provider of real-time analytics software to the financial industry. Progress Software Corporation is a U.S. public company specializing in software.
