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Davis & Gilbert Counsel to WPP plc in AKQA Acquisition

New York, July 17, 2012 – Davis & Gilbert acted as lead counsel to WPP plc, one of the world’s largest communications groups, in its contemplated acquisition of AKQA Holdings, Inc.  AKQA is the world’s leading independent digital agency and recipient of numerous “Agency of the Year” awards, and the transaction represents one of the largest-ever acquisitions of a digital ad agency.  AKQA will operate as an independent and standalone brand within WPP.  AKQA had assets totaling $282 million at the end of 2011, and projects revenues of $230 million for 2012. It employs 1,160 people across offices in San Francisco, New York, Washington DC, London, Paris, Amsterdam, Berlin and Shanghai.

The cross-disciplinary team from Davis & Gilbert included attorneys from several practice groups, including Corporate, Tax, Benefits & Compensation, and Advertising, Marketing & Promotions. The team was led by Curt Myers, Co-Chair of the Corporate Practice Group and included Matthew Schneider, Corporate Partner; Mitchell Karsch, Corporate Partner; Ralph Norton, Corporate Partner; Randall Lee, Corporate Associate; Stephen Foley, Tax Of Counsel; A. Derek Nelson, Benefits & Compensation Counsel; Anjali Bonner, Corporate Associate; David Lee, Corporate Associate; James Johnston, Advertising, Marketing & Promotions Partner; and Oriyan Gitig, Advertising, Marketing & Promotions Associate.

About Davis & Gilbert LLP
Davis & Gilbert LLP is an independent, strategically focused, full service, multi-disciplinary law firm of more than 110 lawyers. Founded over a century ago and located in a single office in New York City, the firm represents a wide range of clients - including some of the world's largest public companies, small and mid-size independent companies, partnerships, joint ventures, large media conglomerates and multinational holding companies - throughout the United States and internationally. Davis & Gilbert is widely regarded as the #1 law firm for the marketing communications industry and has practices focusing on real estate, litigation, intellectual property, labor & employment, corporate and middle market M&A, and private client services.  Davis & Gilbert has been ranked in publications and legal directories such as Chambers, Legal 500, and “Best Law Firms,” and the firm was recognized in The National Law Journal’s 2012 Midsize Hot List.

For additional information, please contact:
Dawn M. Gertz
Chief Marketing Officer
dgertz@dglaw.com
212.468.4981