Reader's Digest completes $2.0 billion sale to Ripplewood investor group
Clients Reader's Digest Association, Inc.
Jones Day advised The Reader's Digest Association, Inc. in its $2.4 billion acquisition by an investor group led by Ripplewood Holdings LLC. RDA's common shareholders received $17 in cash for each share of RDA common stock they held. In addition to M&A representation, Jones Day also provided financing, tax, benefits, capital markets, environmental and antitrust advice regarding this transaction.