Simpson Thacher is representing D&M Holdings Inc. in its acquisition of Boston Acoustics Inc. Under the terms of the merger agreement entered into between the parties on June 8, 2005, D&M will acquire all of the outstanding shares of common stock of Boston Acoustics for $17.50 in cash per share, and Boston Acoustics will become a wholly-owned subsidiary of D&M Holdings. The transaction is expected to be completed in August 2005.
D&M is the owner of Denon, Marantz, McIntosh Laboratory and the D&M Professional, ReplayTV®, Rio® and Escient® brands. D&M branded products include premium A/V receivers, amplifiers and CD players; DVD players, DLP projectors and display plasma monitors; and digital media management systems. Boston Acoustics designs, manufactures, and markets high performance audio systems for use in home music and audio-video systems, after-market and OEM automotive systems, and custom built-in audio systems.
The Simpson Thacher team includes Eric Novak (M&A - Los Angeles), Stephen Fackler and Wendy Davis (Employee Benefits - Palo Alto), Gary Mandel and Noah Beck (Tax), Amy Semet (IP), Michael Isby (Environmental), Olivier Antoine and paralegal Bob Palme (Antitrust), paralegal Anup Sheth (LA) and summer associates Michael Lopez and Vijay Sekhon (LA).