Churchill Capital Corp. (CCC) Announces Closing of Combination
by Kristi Marvin on 2019-05-13 at 12:24pm

This morning, Churchill Capital Corp. (CCC), announced the closing of its merger with Clarivate Analytics. Details of the shareholder vote are yet to be filed, but it is anticipated that Clarivate will begin trading on the NYSE tomorrow, May 14, 2019, under the symbols CCC and CCC WS, for the Share and Warrant, respectively.

Nicely done and congratulations to all.


Citigroup Global Markets acted as capital markets advisor to Churchill.  Citi and M. Klein and Company served as financial advisors to Churchill. Blank Rome LLP and Paul, Weiss, Rifkind, Wharton & Garrison LLP served as legal counsel to Churchill.

Credit Suisse acted as lead financial advisor to Clarivate. J.P. Morgan, Morgan Stanley and UBS Investment Bank also served as financial advisors to Clarivate. Latham & Watkins LLP served as legal counsel to Clarivate and Onex Partners. Baring Private Equity Asia was advised by Ropes & Gray LLP.

 

 

Recent Posts
by Nicholas Alan Clayton on 2024-04-24 at 4:09pm

Israeli tech firms have made up an outsized proportion of SPAC activity and despite the ongoing tensions in its region, that dealmaking is continuing unabated. In fact, the SPAC named for the particular mission of taking Israeli firms public through SPACs, Israel Acquisition Corp. (NASDAQ:ISRL) in fact just took one step closer in completing that...

by Nicholas Alan Clayton on 2024-04-24 at 8:07am

At the SPAC of Dawn Although the market has largely recovered from a negative stretch last week, the roller coaster is tilted back downward for Trump Media (NASDAQ:DJT), which slid -8% yesterday to $32.57 – one of its lowest points since closing with Digital World last month. Other SPACs and de-SPACs are having a more...

by Nicholas Alan Clayton on 2024-04-23 at 4:05pm

Remember the metaverse? Many do not. Meta’s (NASDAQ:META) attempted transition to virtually living and working seemed to mark a trend that went up and down quickly, but one SPAC deal has both survived that roller coaster and may rise with a second. Back in December 2022, Newbury Street (NASDAQ:NBST) announced a $1.85 billion combination with...

by Nicholas Alan Clayton on 2024-04-23 at 7:50am

At the SPAC of Dawn Tucked into the bill that provides $95 billion in funding to American allies passed by the House this weekend is another measure that is likely to have far more impact on at least one pending deal in SPAC world. It would appear that the timing was fortuitous for TikTok rival...

by Nicholas Alan Clayton on 2024-04-22 at 3:01pm

With the passage this weekend of $95 billion in funding for Ukraine, Israel and Taiwan by the House of Representatives, some focus has gone back towards the defense sector, which has generally had a good year as a whole. But, SPACs have not been as active in defense, despite the fact that companies in the...

logo

Copyright © 2023 SPACInsider, Inc. All Rights Reserved