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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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Mr. Bass, "Oldest Living Graduate" Profiled by University of the South

November 6, 2015

As the "oldest living graduate" of the University of the South, Bass, Berry & Sims attorney Mr. Bass was profiled recently by his alma mater's online newspaper. In the article, Mr. Bass recounts his time at the University of the South and how much the university has changed since he was a student in 1928. Mr. Bass points out that the "two biggest changes were the size and the inclusion of women. 'I knew everybody, but now you can't do that. It's just a different institution than when I was there, but it still has the traditions and characters that it had when I was a student, I don't think it's changed that much.'"

The full article, "'There just never was a place like Sewanee': A conversation with the oldest living graduate of the University of the South,” was published on TheSewaneePurple.com on November 4, 2015 and is available online.


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