Sealing The Deal: Weil Races To Finish In $2.6B Medicis Sale

By Karlee Weinmann (October 16, 2012, 1:21 PM EDT) -- When Michael Aiello got the call, his Labor Day weekend plans ground to a halt. A client liked a $2.6 billion buyout offer and needed to form an agreement fast, so Weil Gotshal & Manges LLP's corporate department chairman began building the team that would firm up the deal in just 10 days.

Led by mergers and acquisitions partner Matthew Gilroy, the Weil attorneys and Aiello traded calls from their respective vacation spots, exchanging off-the-clock plans for round-the-clock work to nail down Medicis Pharmaceutical Corp.'s multibillion-dollar sale to Valeant Pharmaceuticals International Inc.

Medicis, a Weil client for about two years, had...

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