Mergers & Acquisitions
Jul. 25, 2013
Sullivan advises PacWest on CapitalSource buy
PacWest Bancorp plans to purchase CapitalSource Inc. for $2.3 billion.
By Joshua Sebold
Daily Journal Staff Writer
PacWest Bancorp announced Monday its plan to buy CapitalSource Inc. for $2.3 billion with counsel from Sullivan & Cromwell.
Los Angeles partner Patrick S. Brown is leading the Sullivan team.
New York firm Wachtell, Lipton, Rosen & Katz worked the deal for CapitalSource, with Matthew M. Guest and Edward D. Herlihy taking the lead.
The move combines California industrial bank CapitalSource Bank, which holds $8....
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