Firm News
SRZ Deal Named Corporate/Strategic Acquisition Deal of the Year at M&A Advisor Awards
December 12, 2012
The sale of Charming Shoppes Inc. to Ascena Retail Group Inc. was named the Corporate/Strategic Acquisition Deal of the Year (Over $500mm) at the 11th Annual M&A Advisor Awards held in New York on Dec. 11, 2012. The M&A Advisor Awards recognizes the world’s leading mergers and acquisitions, financing and turnaround professionals. SRZ was co-counsel with Drinker Biddle & Reath LLP on this transaction. The SRZ team representing Charming Shoppes was led by mergers & acquisitions partner Marc Weingarten.
In addition, SRZ deals were selected as finalists in four other categories. The sale of Charming Shoppes Inc. to Ascena Retail Group Inc. was also a finalist for M&A Deal of the Year (Between $500mm and $1 Billion) and Consumer and Retail Products (Over $500mm) Sector Deal of the Year. Cerberus Capital Management, L.P.’s acquisition of AT&T’s Yellow Pages - Advertising Solutions and AT&T Interactive Businesses was a finalist for M&A Deal of the Year (Between $500mm and $1 Billion) and Technology, Media, Telecom (Between $100mm to under $1 Billion) Sector Deal of the Year. The sale of Morton's Restaurant Group Inc. to affiliates of Tilman J. Fertitta was a finalist for Consumer Services Sector Deal of the Year.