Fenwick & West represented Facebook, Inc. (NASDAQ: FB), the leading social media site, in its acquisition of To Be Honest (tbh), a mobile application for giving anonymous positive feedback that has been downloaded by more than 5 million users. Financial terms of the transaction were not disclosed.
The acquisition will help Facebook continue to build on its core value of connecting people through positive interactions. More information about Facebook’s acquisition of tbh can be obtained from the company announcement.
The Fenwick transaction team included corporate lawyers Greg Roussel, Steve Fisher, Ryan McRobert and Larry Suh; technology transactions lawyers Ralph Pais, Michael Riskin and Ana Razmazma; executive compensation and employee benefits lawyers Scott Spector and Nicholas Frey; and tax lawyers Adam Halpern and Julia Ushakova-Stein.