Sidley’s Shareholder Activism and Corporate Defense team is assisting Emerson Electric Co. (NYSE: EMR) in its publicly announced proposal to acquire National Instruments (NASDAQ: NATI) for US$53 per share in cash. The public proposal follows several months of discussions between the parties and the announcement by National Instruments that it had adopted a poison pill and would conduct a review of strategic alternatives.
The Sidley team is being led by partners Kai Liekefett, Jessica Wood, and Derek Zaba as well as managing associate Eric Goodwin.
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