Press Release

Morgan Lewis Represents UBM in $972M Purchase of Advanstar Communications

October 01, 2014

NEW YORK, October 1, 2014: Morgan Lewis advised British communications and events company UBM Plc in connection with its proposed $972 million (£598 million) acquisition of the entire issued and outstanding capital stock of VSS-AHC Consolidated Holdings Corp. (also known as Advanstar Communications), a privately held U.S. trade show organizer. UBM’s all-cash acquisition of Advanstar, the third largest player by revenue in the U.S. events market, creates the largest events business in the United States based on 2013 revenue, complementing UBM’s existing emerging market exposure. The deal is conditional on UBM shareholder approval.

Leading the Morgan Lewis team representing UBM were Business and Finance partners Charles Engros and Jonathan Morris with support from Business and Finance associates Andrew Milano, Jessica Berkey, and Nicholas Mueller. Also working on the deal were Employee Benefits and Executive Compensation partners Craig Bitman and Gary Rothstein and associates Gina Lauriero, Sariyah Buchanan; as well as Labor and Employment partners David McManus and Barbara Miller with associate Andriette Roberts. Also assisting on the transaction were Tax partner Richard Zarin; Real Estate of counsel Kathleen Martin; Intellectual Property partner Karen Butcher and associate Joseph Washington; Antitrust partner Harry Robins and associate Martin d’Halluin; Business and Finance partner Terrence Dugan and associate Tyler Probst; Environmental Transactions partner Judith Walkoff; Insurance of counsel Lisa Campisi. In addition, a London team of Business and Finance partner Iain Wright and associate Ann-Marie Davies assisted in the transaction, along with Labor and Employment partner Matthew Howse and Business and Finance consultant Robert Scott.