Baker & McKenzie helps Gibson in cross-border buy
Baker & McKenzie LLP represented guitar and instrument-maker Gibson Guitar Corp. in its purchase of up to 157.5 million shares of Teac Corp., an audio and visual equipment manufacturer in Japan, for JPY31 per share. Gibson entered an agreement with Phoenix Capital Co. Ltd., a Tokyo-based private fund, to purchase shares of Teac Corp. owned by two funds tha...
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