New Orleans Pelicans Acquisition Honored with ACG Louisiana Deal of the Year Award
Stone Pigman congratulates Tom Benson on receiving the Association for Corporate Growth ("ACG") Louisiana 2012 Deal of the Year Award for the acquisition of the NBA Hornets franchise. Benson family interests purchased the Hornets NBA franchise on June 15, 2012 from the National Basketball Association. The team has since been renamed the New Orleans Pelicans. The Award was presented to Pelicans President Dennis Lauscha at ACG Louisiana Annual Awards Dinner on May 12, 2013. During the awards ceremony, Mr. Benson, owner of the New Orleans Saints and a native of New Orleans, was lauded for assuring the team’s continued presence in New Orleans.
Stone Pigman is honored to have assisted the Benson family with the acquisition of the Hornets, the new lease for the New Orleans Arena, the development of a new training facility and the rebranding of the team. John Landis, Susan Talley, Michael Schneider and Michael Walshe led the firm's efforts in these matters.