On April 26, 2002, Thermo Electron Corporation, headquartered in Waltham, Massachusetts, concluded its takeover bid of CRS Robotics Corporation, headquartered in Burlington, Ontario. Thermo Electron and CRS previously announced on March 11, 2002 that their boards of directors unanimously approved an acquisition agreement under which Thermo Acquisition Corporation, an indirect wholly owned Canadian subsidiary of Thermo Electron, would acquire CRS for $5.75 per common share in cash, or approximately $65 million for all shares. CRS’s board unanimously voted to recommend that all CRS shareholders tender their shares into the offer.
Thermo Electron’s in-house legal team was led by Seth Hoogasian, general counsel and Jack Whiting, associate general counsel; assisted by Jeff Kerbel, Mario Josipovic, Cecile Chung and Robyn Keinick (corporate/securities), Leslie Morgan (tax) and Craig Thorburn (regulatory) of Blake, Cassels & Graydon LLP.
Jim Brown of Simpson, Wigle LLP, and Troy Pocaluyko and Rob Wortzman (corporate/securities) and Susan Thomson (tax) of Wildeboer Rand Thomson Apps & Dellelce, LLP acted for CRS.
Thermo Electron’s in-house legal team was led by Seth Hoogasian, general counsel and Jack Whiting, associate general counsel; assisted by Jeff Kerbel, Mario Josipovic, Cecile Chung and Robyn Keinick (corporate/securities), Leslie Morgan (tax) and Craig Thorburn (regulatory) of Blake, Cassels & Graydon LLP.
Jim Brown of Simpson, Wigle LLP, and Troy Pocaluyko and Rob Wortzman (corporate/securities) and Susan Thomson (tax) of Wildeboer Rand Thomson Apps & Dellelce, LLP acted for CRS.
