On August 27, 2008, Ricoh Company, Ltd. announced that it will acquire IKON Office Solutions, Inc. for $17.25 per share, or approximately $1.6 billion in cash. The deal is subject to customary closing conditions, including IKON shareholder approval and regulatory approvals in the U.S., the European Union and Canada. The lawyers involved in this matter are partner Richard Hall and associates Joshua Pringle, Thaddeus L. Pitney and Samuel J. Whittington on corporate matters; partner Michael L. Schler and associate Sophie Alexane on tax matters; associates Jennifer S. Conway and Jarrett R. Hoffman on executive compensation and benefits matters; partners Rowan D. Wilson and Elizabeth L. Grayer and associate Robin C. Landis on antitrust matters; and associate Matthew G. Morreale on environmental matters.