Practice Areas - Corporate and M&A Law Firms and Lawyers
| Deal Date: | 03-11-2014 | Practice Area: | Corporate and M&A |
| Deal Title: | Covance Acquisition by Laboratory Corporation of America | Industry: | Healthcare Equipment & Services |
| Description: |
On November 3, 2014, Laboratory Corporation of America Holdings (LabCorp) and Covance Inc. announced that they have entered into a definitive agreement under which LabCorp will acquire Covance for cash and LabCorp shares currently valued at USD105.12 per Covance share, or an equity value of approximately USD6.1 billion. Cravath represented Covance in this transaction. The combination will create the world's leading healthcare diagnostics company.
The Cravath team was led by partners Richard Hall and Damien R. Zoubek and included associates Stephanie L. Alexis, Nicholas A. Dorsey and Feihong Xu.
|
||
| Financial Center: | New York | Value: | 5000.01-10000.00 |
| Advised Party: | Target Company | Law Firm | Cravath |
| Target Company Jurisdiction: | United States | Acquiror Jurisdiction: | United States |
| Classification: |
Strategic Buyer Acquisitions Public Company - Recommended Offer |
Lawyer | Richard Hall |
