Locke Lord is noted as legal representation in two deals among The Texas Lawbook’s ‘Top 10 Most Important Deals in Texas’ in 2019. The article highlights Houston Partner Joe Perillo’s representation of Randa Duncan Williams in the purchase of Texas Monthly magazine. Also among the top ten was Dallas Partner Jack Jacobsen's representation of Comstock Resources in the $2.2 billion acquisition of Covey Park Energy.
Perillo led a team that represented Randa Duncan Williams and Texas Monthly LLC, an affiliate of Enterprise Products Company, in the purchase of Texas Monthly from Genesis Park II LP for an undisclosed value. The sale of the “National Magazine of Texas” was effective June 30. For more information, click here.
Jacobsen led a team that represented Comstock Resources, Inc., in the acquisition of Covey Park Energy LLC in a cash and stock merger valued at approximately $2.2 billion, including the assumption of Covey Park's outstanding debt and the retirement of Covey Park's existing preferred units for an aggregate total of approximately $1.1 billion. Jerry Jones, owner of the Dallas Cowboys Football Club Ltd, invested $475 million in Comstock as part of the transaction, in exchange for 50,000,000 newly issued shares of Comstock common and $175 million of newly issued shares of convertible preferred stock of Comstock. The transaction closed July 16, 2019. For more information, click here.
Locke Lord has previously been noted as a middle market leader by the publication and highlighted for multiple top 10 rankings for Texas M&A over the past five years.
To read the full article, click here (subscription may be required).