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Find out how Gardner Bell's experience promoting financial and economic development initiatives both locally and abroad informs his role as an attorney. Find out more>

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On December 1, 2016, Parker Hannifin Corporation and CLARCOR Inc. announced that the companies have entered into a definitive agreement under which Parker will acquire CLARCOR for approximately $4.3 billion in cash, including the assumption of net debt. The transaction has been unanimously approved by the board of directors of each company. Upon closing of the transaction, expected to be completed by or during the first quarter of Parker’s fiscal year 2018, CLARCOR will be combined with Parker’s Filtration Group to form a leading and diverse global filtration business. Bass, Berry & Sims has served CLARCOR as primary corporate and securities counsel for 10 years and served as lead counsel on this transaction. Read more here.

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Securities Law Exchange BlogSecurities Law Exchange blog offers insight on the latest legal and regulatory developments affecting publicly traded companies. It focuses on a wide variety of topics including regulation and reporting updates, public company advisory topics, IPO readiness and exchange updates including IPO announcements, M&A trends and deal news.

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Alere CON Approved for West Tennessee Region

Client Type: Public Company

We served as lead counsel to Alere Women's and Children's Health LLC in its efforts to obtain a Certificate of Need (CON) to expand its existing homecare operations from 7 to 23 counties in and around metropolitan Memphis, Tennessee. The project received wide support – including support from Blue Cross Blue Shield of Tennessee and the other leading TennCare MCOs– and was unanimously approved by state regulators. The expansion of Alere's services into more rural areas in West Tennessee is expected to reduce the need for costly pregnancy-related visits to the emergency room, preterm maternal hospitalizations and newborn admissions at neonatal intensive care units in the region. 

Alere specializes in homecare services for high-risk obstetrical patients who are suffering from serious pregnancy-related conditions, including premature labor, gestational diabetes and hypertension.

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