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Mergers & Acquisitions

Nov. 16, 2016

Samsung to buy Harman for $8 billion

Paul Hastings LLP is advising Samsung and Harman has tapped Wachtell, Lipton, Rozen & Katz as counsel.

By Banks Albach
Daily Journal Staff Writer

Samsung Electronics Co. Ltd. is planning to buy Harman International Industries Inc., a U.S. automotive technology manufacturer, for $8 billion. Paul Hastings LLP is advising Samsung and Harman has tapped Wachtell, Lipton, Rozen & Katz as counsel.

Announced Monday, the deal has been approved by both boards and should close by August next year without any regulatory hi...

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