29Jul
Settlement of First Delaware PE Busted Deal Case on Eve of Trial
In July 2020, Quinn Emanuel achieved a favorable settlement for its client Advent International in the first scheduled “Busted Deal” trial of the COVID-19 era. The week before trial, the parties reached a settlement in which Advent agreed to purchase Forescout, a leader in network access control, for $1.43 billion, a substantial reduction from the original deal size of $1.9 billion it had agreed to just five months earlier....
By:
Quinn Emanuel Urquhart & Sullivan, LLP
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