Four Decades for Justice
November 09, 2018
On November 7, 2018, Leggett & Platt Inc. (“Leggett & Platt”) and Elite Comfort Solutions, Inc. (“ECS”) announced that they have entered into a definitive merger agreement under which Leggett & Platt will acquire ECS for $1.25 billion in cash. Cravath is representing JPMorgan Chase Bank, N.A. in connection with the arrangement of $900 million of credit facilities that will be made available to Leggett & Platt in order to finance the acquisition.
The Cravath team is led by partner Stephen M. Kessing and associate P. Purun Cheong on banking matters; partner Andrew J. Pitts and associates Steven Y. Li and Shu‑en Wee on securities matters; and associates Richard Bohm and Jiyeon K. Barta on tax matters.
Celebrating 200 years of partnership. In 2019, we celebrated our bicentennial. Our history mirrors that of our nation. Integral to our story is our culture.
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