O'Melveny & Myers and Ropes & Gray advised on the latest US-Canadian corporate acquisition. US phone company Verizon Communications announced that it had agreed to sell its Canadian directory operations to private equity firm Bain Capital for $1.54 billion. Ropes & Gray advised client Bain, which, like the law firm, is headquartered in Boston. Newcomb Stillwell and Howard Glazer were the firm's lead lawyers on the deal. Greg Patti ran a team from O'Melveny's New York office that is advising Verizon.
September 30 2004