Sealing The Deal: Jones Day Steers Tokyo Electron Merger

Law360, New York (October 16, 2013, 8:15 PM EDT) -- When Applied Materials and Tokyo Electron announced their all-stock merger agreement, the size of the deal took everyone by surprise, even lawyers at Jones Day, a law firm retained by the Japanese company for many years.

“There is no precedent for this transaction,” said Scott Cohen, the Jones Day team leader and semiconductor industry pro, a veteran of massive mergers like Texas Instruments' $6.5 billion buy of National Semiconductor in 2011.

The deal is rare in several ways. Its sheer size, valuing TE at $9.28 billion...
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