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    Home»Deals»Law firm trio advise on $4.5 billion vacation rental SPAC deal
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    Law firm trio advise on $4.5 billion vacation rental SPAC deal

    July 29, 20211 Min Read
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    Weil, Gotshal & Manges has a new SPAC deal under its belt, advising special purpose acquisition company TPG Pace Solutions on its $4.5 billion purchase of vacation rental firm Vacasa, which is represented by Latham & Watkins. Mayer Brown is representing TPG Pace Solutions’ capital markets advisers.

    Latham & Watkins currently has handled the most blank check company deals this year for a total of 52, with a combined value of $133.3 billion, according to data from Refinitiv. Weil trails behind in seventh place with 15 transactions valued $81.8 billion.

    The deal with TPG Pace Solutions Corp will result in cash proceeds of nearly $485 million for Vacasa.

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    Source: Reuters

    By Arriana McLymore

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