Mergers & Acquisitions ·
Files prospectus supplement for resale of up to 9.4M shares from Campbell Lutyens acquisition
LAZLazard, Inc.
Lazard filed a prospectus supplement permitting the resale of up to 9,416,817 shares of common stock by selling stockholders who received these shares in connection with the company's previously announced acquisition of 100% of Campbell Lutyens Holdings Limited. The filing includes an opinion from counsel Sullivan & Cromwell regarding the validity of the securities. This transaction facilitates the liquidity of equity consideration issued as part of the strategic merger. Lazard operates as a global investment banking and asset management firm.