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Latham & Watkins Advises the Underwriter in LendingTree’s US$872 Million Secondary Offering of Common Stock
November 18, 2020
Capital markets team represented the underwriter in the offering by the online loan marketplace.
LendingTree, Inc., a leading online loan marketplace, has announced the pricing of an underwritten public offering of 2,955,984 shares of common stock by Ventures Holdco II, LLC, which is a wholly-owned subsidiary of GCI Liberty, Inc., at the public offering price of US$295 per share. The public offering closed on November 18, 2020.
Latham & Watkins LLP represented the underwriter in the offering with a capital markets team led by New York partners Stelios Saffos and Greg Rodgers, with associates Ryan Gold, Will Clark, and Regan Devers. Advice was also provided on equity derivative matters by New York partner Reza Mojtabaee-Zamani, with associate Christopher Yu.