Simpson Thacher Represents Blackstone in Connection with Repurchase and Conversion of Convertible Preferred Stock of Crocs
12.10.18
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The Firm recently represented Blackstone in connection with the repurchase by Crocs, Inc. (NASDAQ: CROX) of half of the outstanding Series A Convertible Preferred Stock of Crocs, Inc. (the “Preferred Shares”) owned by Blackstone and the conversion of the remaining half of the Preferred Shares owned by Blackstone into the common stock of Crocs, Inc.
Crocs, Inc. is a world leader in innovative casual footwear for women, men and children.
The Simpson Thacher team for this transaction includes Anthony Vernace and Jeongseok Jay Yu (M&A); Gary Mandel and Sophie Staples (Tax); Greg Grogan (ECEB); Jonathan Karen (Funds); and James I. Rapp (Public Company Advisory Practice).