Press Release

Kirkland & Ellis Reps Valassis in $1.84B Acquisition by Harland Clarke

Kirkland & Ellis LLP represents Valassis (NYSE: VCI),  a leader in intelligent media delivery, in its agreement to be acquired by Harland Clarke Holdings Corp., a leading provider of best-in-class integrated payment solutions and marketing services. The transaction is valued at approximately $1.84 billion. The transaction, which was unanimously approved by both the Valassis and Harland Clarke Holdings Boards of Directors, will be effected through a tender offer by a subsidiary of Harland Clarke Holdings for all of the shares of Valassis, followed by a merger of the acquisition subsidiary with and into Valassis. Valassis will become a privately-held, wholly owned subsidiary of Harland Clarke Holdings and its common stock will cease trading on the NYSE.

The Kirkland team includes corporate partners Henry Kleeman and Richard Porter.