Schlumberger Limited and Cameron jointly announced a definitive merger agreement in which the companies will combine in a stock and cash transaction valued at approximately $14.8 billion. Cravath represented Cameron in connection with this transaction. Under the terms of the agreement, Cameron shareholders will receive 0.716 shares of Schlumberger common stock and a cash payment of $14.44 in exchange for each Cameron share.
The Cravath team was led by partners Scott A. Barshay, George F. Schoen and Keith Hallam and included associates Rachael G. Coffey, Michael L. Arnold and Eric D. Rinder on M&A matters; partners Stephen L. Gordon and Lauren Angelilli and associate Ashley N. Elnicki on tax matters; partner Eric W. Hilfers and associates Jonathan J. Katz and Matthew J. Bobby on executive compensation and benefits matters; partner Christine A. Varney and associates Margaret Segall D’Amico and Jesse M. Weiss on antitrust matters; and partner Matthew Morreale on environmental matters.
Source: www.cravath.com
