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Securities

Feb. 15, 2011

Deal Makers

Visa Inc. bought PlaySpan Inc. for $190 million in a deal announced last Wednesday. Santa Clara-based PlaySpan offers services that allow digital gaming companies to issue virtual currencies and make money off the sale of in-game goods.


MERGERS & ACQUISITIONS

Shearman Helps Visa Make $190 Million Gaming Purchase


Visa Inc. bought PlaySpan Inc. for $190 million in a deal announced last Wednesday. Santa Clara-based PlaySpan offers services that allow digital gaming companies to issue virtual currencies and make money off the sale of in-game goods. Advising Visa was a 14-attorney team from Shearman & Sterling LLP team led by partner Steve Camahort, counsel Dana Krom...

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