News & Events

The Firm is representing Owens & Minor, Inc. in connection with its acquisition of all of the outstanding shares of Medical Action Industries Inc. for $13.80 per share in cash. The transaction, which has been approved by the boards of directors of both companies after an auction process, is subject to customary closing conditions, including Medical Action shareholder approval and regulatory clearances, and is expected to close in the fourth quarter of 2014.

Owens & Minor is a leading healthcare logistics company dedicated to Connecting the World of Medical Products to the Point of CareTM by providing vital supply chain services to healthcare providers and manufacturers of healthcare products. Owens & Minor provides logistics services across the spectrum of medical products from disposable medical supplies to devices and implants.  Medical Actions Industries is a leading supplier of medical and surgical disposable products and its products are marketed primarily to acute care facilities in domestic and certain international markets.

The Simpson Thacher team includes: Mario Ponce, Elizabeth Cooper, Michael T. Holick and Judy Huang (M&A); Brian Robbins, Alina Finkelshteyn and Nelli Zaltsman (Executive Compensation and Employee Benefits); Ellen Frye (Antitrust); John Creed and Devin Heckman (Tax); Adeeb Fadil and Noreen Lavan (Environmental); Krista McManus (Real Estate); and Jodie Pimentel (Intellectual Property).