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FOR IMMEDIATE RELEASE |
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CMPR INVOLVED IN TRANSACTIONS IN EXCESS
OF $1.7 BILLION IN 2000 |
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During
2000, the business law firm of Carle, Mackie, Power & Ross LLP was
involved in the closing of transactions with a total value in excess of
$1,700,000,000. |
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| Aggregate value | $1,744,345,000 | |
| Financial transactions | $1,159,030,000 | |
| Corporate finance | $ 414,515,000 | |
| Real estate transactions | ||
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Vineyard |
$ 138,700,000 | |
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Non-vineyard |
$ 32,100,000 | |
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Significant public transactions include: |
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·
$652m portfolio restructuring
transaction for Principal Financial Group |
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$425m of low income housing
tax credit transactions |
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·
Advising UK shareholders on
US securities issues in connection with the $200m sale of Bradford
Particle Design plc to Inhale Therapeutic Systems Inc. |
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Advising management board
members in connection with the $190m sale of RH Phillips Inc. to Vincor |
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·
$80m of Fannie Mae and FHA
transactions |
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Advising in connection with
the $12.5m sale of Healthpro Solutions, Inc. to Medical Manager
Corporation |
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Advising Sonoma Compost
Company in connection with $1.3m bond financing |
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Partners
John Mackie and Richard Power add: “This
strong performance in 2000 reflects our commitment to meeting an
increasing local demand for more sophisticated legal services as well as
to our national and international reputation.
We continue to develop strength in depth in our core practice areas
of corporate and commercial, real estate, tax, litigation and
employment.” |
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For
more information contact John Mackie or Richard Power at (707) 526-4200 or
visit our website at www.cmprlaw.com. |
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Notes for Editors |
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1.
Financial transactions include acting for lenders and financial
institutions and investors in connection with low income housing tax
credit transactions, Fannie Mae and FHA loans and other financial
transactions including lending and financial restructuring. |
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2.
Corporate
finance transactions include mergers and acquisitions and equity and debt
financing transactions. |
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3.
Vineyard real estate transactions include sales and purchases of
vineyard land, long term vineyard leases, land use and vineyard and winery
financing. |
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4.
Non-vineyard
real estate transactions include sales and purchases of other commercial
real estate and associated financing. |
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Carle, Mackie Power & Ross, LLP
is a full service business law firm based in Santa Rosa representing a
wide variety of businesses and public agencies. The firm handles all
aspects of business law including formation and organizational matters,
mergers and acquisitions, debt and equity financing, tax, real estate,
employment, environmental, intellectual property and litigation. |
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