Shareholder Activism/ Hostile Takeovers
Prior to and following the Financial Crisis, we advised and helped catalyze some of the most high profile and complex hostile takeovers and activist situations in the marketplace. These situations include Xerox’s hostile bid for rival HP, Air Products hostile bid for Airgas, and numerous proxy contests and contested votes involving, among others, Carl Icahn, Pershing Square (Bill Ackman), Elliott Management, Third Point (Dan Loeb) and Starboard Value. With our deep experience across the Wall Street ecosystem, we personally know most of the principals and their businesses, allowing us to bring a unique and independent principal-focused perspective and energy that may exceed or complement that of a typical advisor.
Select representative matters:
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$35 Billion takeover bid for rival HP
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successful activism and takeover defense against Carl Icahn
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tender offer and proxy fight for Airgas, which resulted in precedent setting Delaware case law that is still in effect today
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and Ted Miller in their proxy contest with Crown Castle, and the proposed carveout of Fiber
There are several proprietary and highly confidential matters our firm has advised on. Further details, case studies and direct references to our exemplary oucomes are available upon request.