Orrick Herrington & Sutcliffe and Fenwick & West have taken the lead roles on Facebook's $1bn (£630m) acquisition of photo-sharing site Instagram, reports The Am Law Daily. The deal, Facebook's largest acquisition to date, has seen the company turn once again to Fenwick, the California-based firm which is also working on its $5bn (£3.1bn) initial public offering.
April 10, 2012 at 04:44 AM
1 minute read
The original version of this story was published on Legalweek
Orrick Herrington & Sutcliffe and Fenwick & West have taken the lead roles on Facebook’s $1bn (£630m) acquisition of photo-sharing site Instagram, reports The Am Law Daily.
The deal, Facebook’s largest acquisition to date, has seen the company turn once again to Fenwick, the California-based firm which is also working on its $5bn (£3.1bn) initial public offering.
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