The facts are sourced from an 8-K filing with the SEC via EDGAR, published March 24, 2023. The deal's status is pending regulatory, indicating it had not yet closed as of that filing.
Only one financial advisor is disclosed: Perella Weinberg, which is identified as financial advisor to the Special Committee of AgroFresh's board (target side) and is designated lead. The source sentence describes a board process, noting that at a particular meeting, the Special Committee determined to engage Perella Weinberg as financial advisor to the Special Committee in connection with a potential go-private transaction, and directed Morris Nichols, in consultation with a named director, Dr. Dicciani, to negotiate the terms of that engagement. No financial advisor is named for the acquirer side (Project Cloud Holdings/Paine Schwartz affiliate).
The only legal advisor disclosed is Morris, Nichols, Arsht & Tunnell LLP, serving as counsel to the target. The source sentence notes that on a specified date, three of the company's independent directors, Nance K. Dicciani, Robert Campbell, and Denise L. Devine, met with representatives of Morris, Nichols, Arsht & Tunnell LLP to interview the firm as potential independent legal counsel to the Special Committee, should one be formed.
Beyond classifying the transaction as a go-private cash merger, the facts block does not specify the per-share price or the financing structure behind the acquisition.
Several facts are not disclosed in this record. The transaction's dollar value is not stated. No financial or legal advisor is named for the acquirer side. No expected closing date is given, and the facts block does not confirm whether the Special Committee referenced was ultimately formed with Morris Nichols as its permanent counsel beyond the interview process described.