LAWFUEL – The Legal Newswire – Davis Polk & Wardwell advised Morgan Stanley & Co. Incorporated and Cowen and Company, LLC as the joint book-running and joint lead managers and Piper Jaffray & Co. as the co-manager of the $90 million re-IPO of 5,000,000 shares of common stock of Einstein Noah Restaurant Group, Inc. In connection with the offering, Einstein Noah’s common stock, which previously traded on the pink sheets, was listed on Nasdaq.
Einstein Noah is the largest owner/operator, franchisor and licensor of bagel specialty restaurants in the United States with approximately 600 restaurants in 36 states and the District of Columbia under the Einstein Bros. Bagels, Noah’s New York Bagels and Manhattan Bagel brands.
The Davis Polk corporate team included partner Michael Kaplan, associates Mariana Boranga, Byron B. Rooney (not yet admitted) and Sarah M. Carley, and legal assistant Danielle Y. Eswar, all of the New York office. The tax team includes partner William H. Weigel and associate Catherine Paskoff Chang (not yet admitted) of the New York office.