Special Committee of the Board of Directors of Pzena Investment Management in its $170 million management-led buyout

On July 26, 2022, Pzena Investment Management, Inc. announced that it has entered into an agreement to become a private company through a transaction in which holders of PZN Class A common stock will receive $9.60 per share in cash.  Upon completion of the transaction, Pzena Investment Management will be a privately-held company owned by the existing partners of Pzena Investment Management, LLC.

Wachtell, Lipton, Rosen & Katz served as legal counsel to the Special Committee of the Board of Directors of Pzena.