Simpson Thacher Represents Lazard Frères & Co. LLC, Financial Advisor to NV Energy, Inc. in its Approximately $5.6 Billion Acquisition by MidAmerican Energy Holdings Company
06.04.13
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Simpson Thacher is representing Lazard Frères & Co. LLC in its role as financial advisor to NV Energy, Inc. (“NV Energy”) in NV Energy’s acquisition by MidAmerican Energy Holdings Company (“MidAmerican Energy”), a subsidiary of Berkshire Hathaway Inc., for approximately $5.6 billion. Under the terms of the merger agreement, holders of NV Energy’s common stock will receive $23.75 in cash for each share of common stock they hold. NV Energy is a holding company which provides a wide range of energy services and products to approximately 2.4 million citizens of Nevada and nearly 40 million tourists annually. MidAmerican Energy is a global provider of energy services, providing electric and natural gas services to more than 7 million customers worldwide.
The Simpson Thacher team includes Mario Ponce and Lauren Colasacco (M&A).