Philips Announces $2.2 Billion Acquisition of The Spectranetics Corporation

August 9, 2017

S&C represents Philips in the closing of its previously announced $2.2 billion acquisition of The Spectranetics Corporation. The transaction was structured as an all-cash tender offer.

The S&C team on the transaction was led by Matthew Hurd and Rita-Anne O'Neill, along with Scott Campbell, Edward Xia, Tyler Rosenbaum and Willa Gotlin. Eric Wang and Michelle Lu advised on tax matters; Nader Mousavi, Rachel Yu and Jacob Berdine advised on intellectual property matters; Matthew Friestedt, Regina Readling and Joshua Green advised on executive compensation and benefits matters; Matthew Brennan advised on environmental matters; Eric Kadel and Theodore Edelman advised on regulatory matters; and Juan Rodriguez, Steven Holley and Eric Queen advised on antitrust matters.