The Firm recently represented Wells Fargo Securities, LLC and Deutsche Bank Securities Inc., as underwriters, in connection with a public offering by Web.com Group, Inc. ("Web.com") of $258,750,000 aggregate principal amount of its 1.00% Senior Convertible Notes due 2018. The offering closed on August 14, 2013.

Web.com is a provider of a full line of internet services for small businesses and is a global domain name registrar.

DLA Piper has advised Better Capital PCC Limited on its firm placing and open offer raising £185.6 million for further investments. Better Capital PCC Limited is a Guernsey-incorporated, registered closed-ended collective investment scheme with the investment objective of generating attractive total returns from investing in a portfolio of distressed businesses. The company has two protected cells, the 2009 Cell and the 2012 Cell which invest in separate funds.

Davis Polk advised Deutsche Bank Securities Inc. (Deutsche Bank) as sole book-running manager in connection with an SEC-registered offering by the UAW Retiree Medical Benefits Trust of 45,454,545 warrants to purchase the same number of shares of common stock of General Motors Company (General Motors), for net proceeds to the selling security holder of approximately $171 million. The public offering price and allocation of the warrants were determined through a modified dutch auction process conducted by Deutsche Bank, in its capacity as auction agent.

Davis Polk advised Morgan Stanley & Co. LLC as initial purchaser in connection with a Rule 144A offering by Move, Inc. of an aggregate principal amount of $100 million of its 2.75% convertible senior notes due 2018.

Davis Polk advised Morgan Stanley & Co. LLC as the sole underwriter in an SEC-registered public offering of 1,500,000 shares of common stock, par value $0.01 per share, of Einstein Noah Restaurant Group, Inc., sold by Greenlight Capital, L.P., Greenlight Capital Qualified, L.P. and Greenlight Capital Offshore Partners, as the selling stockholders. The net proceeds from the offering totaled approximately $23.3 million.

The Firm recently represented the underwriter, Goldman, Sachs & Co., in a secondary offering by certain funds affiliated with CCMP Capital Advisors, LLC of an aggregate of 7,023,063 shares of Generac Holdings Inc.’s common stock, representing CCMP’s remaining equity interests in Generac. A total of $297 million in net proceeds was raised in the offering. Affiliates of CCMP received all of the gross proceeds from the offering.

Davis Polk advised Merrill Lynch, Pierce, Fenner & Smith Incorporated as the underwriter in connection with an SEC-registered block trade of 5,175,000 shares of common stock of PDC Energy, Inc. The net proceeds from the offering were approximately $276 million.  The common stock is listed on the Nasdaq Global Select Market under the symbol “PDCE”.

Cravath represented the underwriter, Citigroup, in connection with the US$776 million secondary offering of common stock of TRW Automotive Holdings Corp., one of the world’s largest automotive suppliers. The 10,900,000 shares sold in the offering were held by Automotive Investors L.L.C., an affiliate of the Blackstone Group L.P., and certain members of TRW management. The transaction closed on August 9, 2013.