About Ropes & Gray
Ropes & Gray is a law firm representing interests across a spectrum of industries in corporate law and litigation matters. In addition, it offers counsel on labor and employment issues, tax and benefits, creditors' rights, and private client services. Its clients range in size from large to small companies and include financial institutions, government agencies, hospitals and health care organizations, colleges and universities, and families and individuals.
Missing: Ropes & Gray's Product Demo & Case Studies
Promote your product offering to tech buyers.
Reach 1000s of buyers who use CB Insights to identify vendors, demo products, and make purchasing decisions.
Missing: Ropes & Gray's Product & Differentiators
Don’t let your products get skipped. Buyers use our vendor rankings to shortlist companies and drive requests for proposals (RFPs).
Latest Ropes & Gray News
Mar 23, 2023
An unnamed company bid more than the travel center operator's $1.3 billion deal with BP. Image WESTLAKE, Ohio — TravelCenters of America Inc. (TA) is stirring up more interest. One month after the travel center operator agreed to be acquired by BP in a $1.3 billion deal , TA acknowledged it received a $92 per share offer from Party G, a publicly traded fuel supplier and convenience store operator. BP's offer came in at $86 per share. The bid came on March 14, four weeks after BP and TA announced their agreement. According to a TA proxy filing with the U.S. Securities Commission, Party G's proposal called for the company to finance the purchase through a combination of cash on hand, external financing and lines of credit and contemplated a 30-day timeline to conduct diligence and sign definitive agreements. Three days later, TA's board of directors met with members of TA's management with representatives of Citigroup, Ropes & Gray and Venable in attendance to discuss the unsolicited offer. Citigroup acted as exclusive financial advisor to TA on the BP deal and Ropes & Gray acted as TA's legal advisor in connection with the transaction, as Convenience Store News reported. On March 22, TA's independent board members determined that Party G's proposal didn't constitute a superior proposal to the BP deal. The board members said the offer would require "significant" third-party financing and there was no firm commitment from a potential financing source to provide such financing and the financing markets "remain uncertain," reported Seeking Alpha . Westlake-based TravelCenters of America Inc. is the nation's largest publicly traded full-service travel center network. Founded in 1972, its more than 18,000 team members serve guests in 281 locations in 44 states, principally under the TA, Petro Stopping Centers and TA Express brands. Offerings include diesel and gasoline fuel, truck maintenance and repair, full-service and quick-service restaurants, travel stores, car and truck parking, and other services dedicated to providing great experiences for its guests. TA is committed to sustainability, with its specialized business unit, eTA, focused on sustainable energy options for professional drivers and motorists. The operator has more than 600 full-service and quick-service restaurants and nine proprietary brands, including Iron Skillet and Country Pride.
Ropes & Gray Frequently Asked Questions (FAQ)
When was Ropes & Gray founded?
Ropes & Gray was founded in 1865.
Where is Ropes & Gray's headquarters?
Ropes & Gray's headquarters is located at Prudential Tower, Boston.
Discover the right solution for your team
The CB Insights tech market intelligence platform analyzes millions of data points on vendors, products, partnerships, and patents to help your team find their next technology solution.