Vinson & Elkins Advises Comscore, Inc. with Recapitalization
Vinson & Elkins advised Comscore, Inc. (Nasdaq: SCOR) in connection with a recapitalization transaction with its preferred stockholders (the “Recapitalization”).
As part of the Recapitalization, the preferred stockholders will exchange their existing Series B preferred shares for common stock and shares of a new Series C Preferred Stock of the Company. In connection with the Recapitalization, the Company also entered into an amendment to its Financing Agreement. The transaction is subject to customary closing conditions and approval by the Company’s stockholders, including a separate vote by the Company’s disinterested (unaffiliated) common stockholders.
The Vinson & Elkins Corporate team was led by partners Scott Rubinsky and Stancell Haigwood and senior associate Maram Mahajna, with assistance from associates Teresa Robach and Matt DuBose. The Vinson & Elkins Finance team was led by partner Darin Schultz and counsel Maya Bobbitt, with assistance from associates Lary Yau and John Brown. Also advising were partner Ron Nardini and associate Paige Melton.
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