Subscriber Content Preview | Request a free trialSearch  
  Go

The Deal Magazine

   Request magazine  |  Subscribe to newsletter
Print  |  Share  |  Discuss  |  Reprint

Samsung links with S&C for SanDisk bid

by Lisa Lee, David Marcus, Vipal Monga and Amy Wu  |  Published October 17, 2008 at 3:17 PM

Sullivan & Cromwell LLP is representing Samsung Electronics Co. Ltd. on its hostile $5.85 billion bid for SanDisk Corp., unveiled in September. Eric Krautheimer in Sullivan's Los Angeles office and Scott Miller in Palo Alto, Calif., are leading the file along with Steve Holley on antitrust and Ronald Creamer Jr. on tax. This is the firm's first mandate for Samsung. For banking advice, the bidder is using Karl Will at J.P. Morgan Securities Inc. and LeRoy Kim of Allen & Co. LLC.

SanDisk is using Nicholas Osborne at Morgan Stanley and Pawan Tewari at Goldman, Sachs & Co. For legal advice the Milpitas, Calif.-based manufacturer of data storage products is turning to Joseph Giunta and Kenton King at Skadden, Arps, Slate, Meagher & Flom LLP. SanDisk head of business development Rich Chernicoff was once a Skadden associate.

SanDisk reportedly hired Morgan Stanley in considering a bid for Lexar Media Inc., which eventually completed its 2006 stock merger with Micron Technology Inc. The company has used different law firms on two deals in the past few years; it turned to O'Melveny & Myers LLP on its 2006 purchase of Msystems Ltd. in a stock deal valued at about $1.55 billion and used Jones Day on its $250 million acquisition of Matrix Semiconductor Inc. in 2005.
Share:
Tags: Allen & Co. | Goldman Sachs | J.P. Morgan Securities | Jones Day | Matrix Semiconductor | Micron Technology | Morgan Stanley | Msystems | O'Melveny & Myers | Samsung Electronics | SanDisk | Skadden Arps | Sullivan & Cromwell
blog comments powered by Disqus

Meet the journalists



Movers & Shakers

Launch Movers and shakers slideshow

Goldman, Sachs & Co. veteran Tracy Caliendo will join Bank of America Merrill Lynch in September as a managing director and head of Americas equity hedge fund services. For other updates launch today's Movers & shakers slideshow.

Video

Coming back for more

Apax Partners offers $1.1 billion for Rue21, the same teenage fashion chain it took public in 2009. More video

Sectors