Philip Morris Companies Inc. (Philip Morris) announced on June 25, 2000 that it has entered into definitive agreements with Nabisco Group Holdings and Nabisco Holdings Corp. to acquire all outstanding shares of Nabisco Holdings Corp. for US$55.00 per share in cash. The transaction reflects an enterprise value of US$18.9 billion. The transaction is expected to be completed by October, 2000.
Lang Michener has been retained to assist Nabisco with regulatory matters in Canada with a team that includes Pat Phelan, Dan Edmondstone and James Musgrove. Glen MacArthur at McCarthy Tétrault is assisting Philip Morris on Canadian aspects of the transaction.
Lang Michener has been retained to assist Nabisco with regulatory matters in Canada with a team that includes Pat Phelan, Dan Edmondstone and James Musgrove. Glen MacArthur at McCarthy Tétrault is assisting Philip Morris on Canadian aspects of the transaction.
