Veritiv Corporation Secondary Offering
Davis Polk advised the underwriter in connection with an SEC-registered secondary offering of 1,800,000 shares of Veritiv Corporation’s common stock by UWW Holdings, LLC at a price to the public of $54.85 per share. The common stock is listed on the New York Stock Exchange under the symbol “VRTV.”
Based in Atlanta, Georgia, Veritiv is a leading North American business-to-business distributor of print, publishing, packaging and facility solutions, and also a provider of logistics and supply chain management services. Veritiv operates from approximately 170 distribution centers primarily throughout the United States, Canada and Mexico, serving customers across a broad range of industries.
The Davis Polk capital markets team included partner Richard D. Truesdell Jr. and associates Yasin Keshvargar and Andrew J. Terjesen. The tax team included counsel Leslie J. Altus and associates Kelli A. Rivers and Yixuan Long. The intellectual property and technology team included partner Pritesh P. Shah and associate Jason J. Bang. Counsel Loyti Cheng provided environmental advice. Members of the Davis Polk team are based in the New York and London offices.