Taxation With Representation: Debevoise, Wachtell, Gibson

Law360 (September 6, 2019, 4:31 PM EDT) -- In this week’s Taxation With Representation, Prudential snaps up an insurance startup for $2.35 billion, Silverlake invests $1 billion in Motorola, and Concho Resources makes a $925 million drilling properties sale.

Prudential’s $2.35B Startup

Prudential, led by Debevoise & Plimpton LLP, said Sept. 5 it will shell out $2.35 billion upfront to buy direct-to-consumer insurance startup Assurance, which is led by Wachtell Lipton Rosen & Katz, as it seeks a wider array of potential customers.

The Debevoise team included tax partners Franklin Mitchell and Peter Schuur.

The Wachtell team included tax partner Joshua M. Holmes and associate Swift S.O. Edgar....

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