Veris Residential $3.4B Takeover Greenlit by Board

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Wall Street and Big Law Line Up

Legal counsel for Veris included Weil Gotshal & Manges LLP, Seyfarth Shaw LLP and Simpson Thacher & Bartlett LLP.

The acquiring consortium was advised by Skadden Arps Slate Meagher & Flom LLP and Greenberg Traurig LLP, with additional representation from Simpson Thacher.

On the financing front, Goldman Sachs & Co. LLC served as lead arranger and underwriter on the buyers’ bridge loan, joined by co-arranger UBS Securities LLC. Gibson Dunn & Crutcher LLP represented Goldman Sachs.

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Financial advisers to Veris are J.P. Morgan and Morgan Stanley & Co. LLC, while UBS Investment Bank is advising the buyers.

If completed, the acquisition will take Veris private and close the curtain on its public market run — a final chapter in a saga that began with strategic overhaul and ends with a multibillion-dollar handshake.