|
|
Our lawyers have:
- Handled numerous sales of stock, sales of assets, and mergers
- Negotiated delayed payouts, escrows, leveraged buy-outs, and other deal variations, both taxable and tax-free.
- Represented purchasers, sellers, lenders, financial intermediaries, and venture capitalists
- Counseled our publicly-held clients in friendly and hostile takeovers
- Engineered shark repellents, golden parachutes, poison pills, and other defensive measures
- Closed acquisitions involving sophisticated and highly regulated businesses, such as broadcasting
companies, as well as family businesses.
Below are examples of our work in mergers and acquisitions.
- A large broadcasting company struck a $121 million deal to buy five radio stations. But FCC regulations
required that two of the stations be resold. To make matters worse, one of the company's existing trust
indentures prohibited the purchase altogether. Bose McKinney & Evans negotiated simultaneous purchase and
sale transactions, together with a swap of licenses among several of the stations, supervised a restructuring
of the company's financing and amendment of the indenture, and closed the transactions in time for the
broadcaster to compete in the next ratings period with the new stations.
- When the president of a private company disagreed with the majority shareholders about managing the business,
he decided to buy them out. Bose McKinney & Evans negotiated a buyout agreement, prepared the documents for a
public debt offering to finance the purchase and set up the complicated financial transfers required to make the deal work.
|