New York – March 19, 2007 – LAWFUEL – Debevoise & Plimpton LLP is advising Clayton, Dubilier & Rice, Inc. (“CD&R”) in the definitive merger agreement to acquire The ServiceMaster Company (“ServiceMaster”) for a total enterprise value of approximately $5.5 billion, including the assumption of existing ServiceMaster debt. Under the terms of the agreement, ServiceMaster’s stockholders will receive $15.625 in cash for each outstanding ServiceMaster share.
Clayton, Dubilier & Rice, Inc. is a leading private equity investment firm. Debevoise & Plimpton LLP is a leading international law firm with offices in New York, Washington D.C., London, Paris, Frankfurt, Moscow, Hong Kong and Shanghai.
The Debevoise team is led by partner Franci J. Blassberg and includes partners David A. Brittenham and David P. Mason and associates Eric R.
Heller, Meir D. Katz, William C. Mulvey, Margaret M. O’Neill and Kyle A.