Firm Represents Microchip in $2.3 Billion Unsolicited Offer to Buy Atmel
10.06.08
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Simpson Thacher represents Microchip Technology Inc. in the $2.3 billion unsolicited offer by Microchip and ON Semiconductor Corp. to buy Atmel Corp. Microchip is a leading provider of microcontroller and analog semiconductors based in Arizona. Microchip is leading the transaction, which would be financed in part by the sale of two divisions of Atmel to ON.
Attorneys on the deal include: Richard Capelouto, Chad Skinner, Nick Washburn, James Toy, Noah Richmond (Corporate); Steve Todrys, Ben Applestein (Tax); Tristan Brown, Mike Richman (Executive Compensation & Employee Benefits); Jeff Ostrow (Intellectual Property) and Peter Thomas (Litigation).