Three S&C Deals Honored With “Deal of the Year” Awards by The DealJune 25, 2019
Three deals on which S&C advised were honored with four awards at The Deal Awards 2019. The $66 billion all-stock merger of BB&T Corporation with SunTrust Banks, creating the sixth-largest bank holding company in the United States, was named “Financial Services Deal of the Year.” The S&C team advising SunTrust on this matter was led by S&C senior chairman Rodgin Cohen and Mitchell Eitel, who is head of the Firm’s Financial Services Group, and S&C corporate partner Marc Treviño.
Harris Corporation’s merger of equals with L3 Technologies—the largest defense industry merger announced in 2018—was named “Energy & Industrials Deal of the Year.” The S&C team advising Harris on this $35 billion transaction was led by S&C M&A partners Keith Pagnani and Scott Crofton.
CVS Health Corporation’s $77 billion merger with Aetna Inc. was named “Healthcare Deal of the Year” and “Deal of the Year.” S&C represented the financial advisers in this transaction, with a team led by S&C corporate partner Steve Kotran.
The second annual awards program hosted by The Deal recognizes “the leading lawyers, bankers, advisers and investors shaping The Deal Economy.” Honorees were selected based on peer nominations and interviews with analysts and experts.