While Alston & Bird and its client EnergySouth Inc. accepted and analyzed bids to acquire the natural gas company, a host of private-equity funds and other so-called financial buyers took turns kicking EnergySouth’s tires.
But after seven months of bidding, the winner was not a private-equity fund but a company that operates in the same industry as EnergySouth-known in the M&A world as a strategic buyer and which lately seems to be prevailing at the auction block.
This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.
To view this content, please continue to their sites.
Not a Lexis Subscriber?
Subscribe Now
Not a Bloomberg Law Subscriber?
Subscribe Now
LexisNexis® and Bloomberg Law are third party online distributors of the broad collection of current and archived versions of ALM's legal news publications. LexisNexis® and Bloomberg Law customers are able to access and use ALM's content, including content from the National Law Journal, The American Lawyer, Legaltech News, The New York Law Journal, and Corporate Counsel, as well as other sources of legal information.
For questions call 1-877-256-2472 or contact us at [email protected]
