Alere’s $5.8 Billion Acquisition by Abbott

On February 1, 2016, Abbott and Alere Inc. announced a definitive agreement for Abbott to acquire Alere. Under the terms of the agreement, Abbott will pay $56 per common share at a total expected equity value of $5.8 billion. Cravath is representing Alere in connection with this transaction.

The Cravath team includes associates G.J. Ligelis Jr., Michael E. Mariani, Andrew M. Wark and Cameron S. Stanton on M&A matters; partner Lauren Angelilli and associate Jonathan D. Grossman on tax matters; partners Jonathan J. Katz and Eric W. Hilfers and associate Daniel P. Herrmann on executive compensation and benefits matters; partner David J. Kappos, senior attorney Margot A. Wagner and associate Christopher P. Davis on intellectual property matters; partner Christine A. Varney and associates Jesse M. Weiss and Margaret Segall D’Amico on antitrust matters; and senior attorney Annmarie M. Terraciano on environmental matters. Warwick C. Brennand also worked on M&A matters.