Acquisition of competitor
Our attorneys represented this major defense contractor in its acquisition of a competitor. The deal raised a host of antitrust and government contracts issues. As part of the government contracts due diligence review, the team identified significant potential value in the target company based on its existing and potential equitable adjustment claims under its government contracts. The valuations of these claims negotiated in connection with the acquisition agreement ultimately resulted in a significant gain for Bulova when it recovered on its claims through actions at the ASBCA.