The Deal
Sunday, November 22, 
5:53 pm

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Samsung links with S&C for SanDisk bid

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EXECUTIVE SUMMARY
  • Skadden Arps' Kenton King and Joseph Giunta are counsel to SanDisk in the face of Samsung's $5.85B bid.
  • SanDisk also tapped Morgan Stanley's Nicholas Osborne and Goldman's Pawan Tewari.
  • Sullivan & Cromwell and Allen & Co. are advising the bidder.

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.

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Also From The Deal.com

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.



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