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What colorful method does Claire Miley use to keep up with the latest healthcare regulations as they relate to proposed transactions? 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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Attorney Spotlight: Richard Spore

October 9, 2014

Richard SporeTell us about your practice.

My practice is divided pretty equally into commercial real estate and development, business and joint venture planning (usually but not always with a commercial real estate spin), and business divorce work (usually working in tandem with one of our business litigators like John Golwen or Brook Lathram).

What are some trends you are seeing related to the legal industry or in the industry in which you practice?

In the area of commercial real estate (and I think business transactions generally), there's a lot of liquidity in the market fueled in no small measure by the extremely low interest rate environment. All that cash is competing for the same deals and chasing yield, which tends to bid up asset prices. Increasing asset prices fueled by liquidity and government policies designed to suppress interest rates seems sort of like "déjà vu all over again." Let's hope this exuberance is not of the irrational variety.

What is the most fulfilling part of your job?

We are all blessed to be able to work every day with bright, ethical, and motivated colleagues. In addition, over time, we have a great deal of control over what kind of practice we have, what kind of clients we work with, and how we spend our time each day. Most people don't have that kind of control over their professional lives, and we should never take it for granted.


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