LendingTree $872 million secondary offering
Davis Polk advised LendingTree, Inc. in connection with the $872 million secondary offering of 2,955,984 shares of its common stock by Ventures Holdco II, LLC, which is a wholly owned subsidiary of GCI Liberty, Inc.
LendingTree is the nation’s leading online marketplace that connects consumers with the choices they need to be confident in their financial decisions. LendingTree compares multiple offers from a nationwide network of approximately 800 partners in one simple search and choosing the option that best fits consumers’ financial needs. Services include mortgage loans, mortgage refinances, auto loans, personal loans, business loans, student refinances, credit cards, insurance and more.
The Davis Polk corporate team included partners Shane Tintle, John D. Amorosi and Evan Rosen and associates Arisa Akashi, Chris Van Buren and Amanda Rae Schwarzenbart. The equity derivatives team included partner Mark J. DiFiore. Associate Matthew R. Silver provided 1940 Act advice. All members of the Davis Polk team are based in the New York office.