Pivotal Corporation Completes $85.1 Million Offering

On November 28, 2000, Pivotal Corporation, a provider of demand chain network solutions, completed an offering of 1,000,000 common shares at a price of $85.10 per common share for gross proceeds of $85.1 million. Pivotal of North Vancouver, B.C., makes Internet-based software that allows companies to automate and link sales, marketing and customer service.

Borden Ladner Gervais LLP acted as Canadian counsel for Pivotal with a team that included Neil de Gelder, Q.C., Warren Learmonth and Mark Wang. Chris Barry at Dorsey & Whitney LLP in Seattle acted as US counsel to Pivotal. Blake, Cassels & Graydon LLP acted as Canadian counsel for the underwriters Merrill Lynch Canada Inc., Goldman Sachs Canada Inc., CIBC World Markets Inc., Goepel McDermid Inc. and Yorkton Securities Inc. with a team that included Chris Hewat, John Kolada, Anoop Dogra and Robyn Keinick in Toronto and Geoff Belsher and Karim Lalani in Vancouver. Gavin Grover and James Laws at Morrison & Foerster LLP in San Francisco acted as US counsel to the underwriters.


Karim Lalani Anoop Dogra Chris Barry John A. Kolada Christopher A. Hewat Mark A. Wang Gavin B. Grover Warren B. Learmonth Geoffrey S. Belsher Neil de Gelder