Fenwick & West represented Bizo, Inc., one of the leaders in business audience marketing, in its recently announced acquisition by LinkedIn Corporation (NYSE:LNKD), the world’s largest professional network on the internet with more than 300 million members worldwide. LinkedIn will pay approximately $175 million, subject to adjustment, in a combination of approximately 10 percent stock and approximately 90 percent cash. Subject to the completion of customary conditions, the acquisition is expected to close during the third quarter of 2014.
The acquisition will allow LinkedIn to integrate Bizo’s B2B solutions with their existing content marketing products and enable them to become the most effective platform for B2B marketers to engage professionals.
The Fenwick transaction team included corporate attorneys Ted Wang, Greg Roussel, Kee Kim, Ashley Walter and Lara Muller; executive compensation and employee benefits attorneys Blake Martell and Kristin O’Hanlon; technology transactions attorneys Ralph Pais and Michael Riskin and tax attorneys Adam Halpern and William Skinner.