Legal DealFolio - Affymetrix, Inc. acquisition of eBioscience

Davis Polk advised Affymetrix, Inc. (Affymetrix) in connection with its acquisition of eBioscience Holding Company, Inc. (eBioscience) for approximately $315 million in cash. Following the acquisition, eBioscience became a wholly owned subsidiary of Affymetrix. The acquisition was funded, in part, through a new senior secured credit facility and an offering of convertible notes. The Davis Polk merger & acquisition team included partners William M. Kelly and Sarah K. Solum and associates Vincent T. Cannon and Nicholas J. Dashman. The capital markets team included partner Sarah K. Solum, associates Jeffrey Gould and Nicholas J. Dashman and law clerk Tim Hwang. The credit team included partner Jinsoo H. Kim and associates Shakhi Majumdar, Steven Schuh, Charles L. Nail and Kyle D. Bady. The tax team included partner Rachel D. Kleinberg, law clerk Catherine Paskoff Chang and associate Una Au. Counsel. Catherine L. Martin and associate Carol Pang provided 1940 Act advice. Counsel Stephen M. Pepper provided antitrust advice. Counsel Loyti Cheng and associate Kevin J. Klesh provided environmental advice. Counsel Cynthia Akard provided compensation and benefits advice. Joshua D. Hendricks, Elizabeth J. Gordon and Kimberly Kakade were the legal assistants on the transaction. Members of the Davis Polk team are based in the Menlo Park and New York offices.

Deal Date:	26-06-2012	Practice Area:	Corporate and M&A
Deal Title:	Affymetrix, Inc. acquisition of eBioscience	Industry:	Pharmaceuticals & Biotechnology
Description:	Davis Polk advised Affymetrix, Inc. (Affymetrix) in connection with its acquisition of eBioscience Holding Company, Inc. (eBioscience) for approximately $315 million in cash. Following the acquisition, eBioscience became a wholly owned subsidiary of Affymetrix. The acquisition was funded, in part, through a new senior secured credit facility and an offering of convertible notes. The Davis Polk merger & acquisition team included partners William M. Kelly and Sarah K. Solum and associates Vincent T. Cannon and Nicholas J. Dashman. The capital markets team included partner Sarah K. Solum, associates Jeffrey Gould and Nicholas J. Dashman and law clerk Tim Hwang. The credit team included partner Jinsoo H. Kim and associates Shakhi Majumdar, Steven Schuh, Charles L. Nail and Kyle D. Bady. The tax team included partner Rachel D. Kleinberg, law clerk Catherine Paskoff Chang and associate Una Au. Counsel. Catherine L. Martin and associate Carol Pang provided 1940 Act advice. Counsel Stephen M. Pepper provided antitrust advice. Counsel Loyti Cheng and associate Kevin J. Klesh provided environmental advice. Counsel Cynthia Akard provided compensation and benefits advice. Joshua D. Hendricks, Elizabeth J. Gordon and Kimberly Kakade were the legal assistants on the transaction. Members of the Davis Polk team are based in the Menlo Park and New York offices.
Financial Center:	Silicon Valley	Value:	0.00-0.00
Advised Party:	Acquiror	Law Firm	Davis Polk
Target Company Jurisdiction:	United States	Acquiror Jurisdiction:	United States
Classification:	Strategic Buyer Acquisitions Private Company	Lawyer	Sarah K Solum

Practice Areas -

Corporate and M&A Law Firms and Lawyers

Practice Areas - Corporate and M&A Law Firms and Lawyers