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Latham & Watkins Advises Drizly in US$1.1 Billion Acquisition by Uber

February 2, 2021
A Boston-based team advises the e-commerce beverage marketplace in the strategic transaction.

Uber Technologies, Inc. (NYSE: UBER) and Drizly have announced that they have reached an agreement for Uber to acquire Drizly for approximately US$1.1 billion in stock and cash.

Latham & Watkins LLP represents Drizly in the transaction with a corporate deal team led by Boston partners Evan Smith and Daniel Hoffman and Boston counsel Andrew Moosmann, with Boston associates Stephen Levy, Samantha Gross, and Tyler Mills. Advice was also provided on tax matters by Bay Area partner Grace Lee, with Boston associate Jeremiah Cowen; on capital markets matters by Boston associate Jennifer Yoon; on antitrust matters by Bay Area partner Joshua Holian and Washington, D.C. counsel Peter Todaro, with Bay Area associate Charlie Sprague and Washington, D.C. associate Ehson Kashfipour; on intellectual property and data privacy matters by Boston partner Sarah Gagan, Bay Area partner Anthony Klein and Bay Area counsel Robert Blamires, with Boston associate Deborah Hinck; and on benefits and compensation matters by Bay Area partners James Metz and Ashley Wagner, with Bay Area associate James Robinson.