New York, NY (April 28, 2008) Lawfuel – Paul, Hastings, Janofsky & Walker LLP, a leading international law firm, announced today that the firm represented JPMorgan, as financial advisor, in connection with the bid by Mars Inc. and Berkshire Hathaway Inc. to acquire the Wm. Wrigley Jr. Company. The deal, which was announced on April 28, 2008, is valued at approximately $23 billion.
Under the terms of the agreement, Wrigley will become a separate, stand-alone subsidiary of Mars, with Berkshire holding a minority stake.
New York partner Charles Baker led the Paul Hastings team, which included partner Steve Ferrer and associates Glenn Schoenfeld, Randy Merkelson and Rich Rubano.
About JPMorgan: JPMorgan is a leading financial services firm with assets of $1.6 trillion and operations in more than 60 countries.
Paul, Hastings, Janofsky & Walker LLP, founded in 1951, is a leading international law firm with over 1,200 attorneys in 18 offices. The firm serves a diverse client base including many of the leading global financial institutions and Fortune 500 companies and offers deep capabilities in capital markets, finance and restructuring, intellectual property, international arbitration and dispute resolution, investment management, labor and employment, mergers and acquisitions, private equity, product liability, project finance, real estate, securities litigation and tax advisory services. For additional information, please visit our website at www.paulhastings.com.
Paul Hastings Advised JPMorgan on $23 Billion Acquisition by Mars and Berkshire Hathaway of Wrigley
