Cahill Represents Arch Capital Group Ltd. in Secondary Common Stock Offering
Cahill represented Arch Capital Group Ltd. in connection with an underwritten public secondary offering of 5,674,200 common shares by certain selling shareholders affiliated with American International Group, Inc. The price per common share was $88.55 for an aggregate public offering price of $502,450,410. Proceeds from the sale of common shares pursuant to the public offering were received by the selling shareholders. Arch Capital Group Ltd. did not receive any proceeds from the sale.