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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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Bass, Berry & Sims, AutoZone and Memphis Area Legal Services Host Eighth Annual "Give a Little, Help a Lot" Legal Aid Clinic

July 28, 2016

Community Legal Professionals Team Up to Provide Free Legal Services to Memphis-area Seniors at Orange Mound Senior Center

Memphis, Tenn., July 28, 2016 – AutoZone and Bass, Berry & Sims PLC, in conjunction with Memphis Area Legal Services (MALS), hosted the eighth annual "Give a Little, Help a Lot" pro bono clinic at Orange Mound Senior Center. Throughout the morning of Wednesday, July 27, attorneys, paralegals and volunteers from Bass, Berry & Sims, AutoZone and MALS assisted seniors with the preparation of advance care plans, healthcare directives, durable power of attorney forms and wills and provided essential legal advice.

Give a Little, Help a Lot 2016"We are very happy to have had the opportunity to work with hundreds of seniors at Orange Mound Senior Center for eight consecutive years and provide them with essential legal guidance that they otherwise might not have received," said Kristen C. Wright, Senior Vice President, General Counsel and Secretary, Customer Satisfaction at AutoZone. "This longstanding partnership between AutoZone, Bass, Berry & Sims and Memphis Area Legal Services has been successful due to our shared commitment to helping others and serving the Memphis community."

"Health and financial planning can be extremely challenging for anyone, especially those who might be unable to retain legal guidance to help navigate these complex issues," said Jonathan Nelson, an attorney with Bass, Berry & Sims. "We always look forward to collaborating with AutoZone and Memphis Area Legal Services to help provide this much needed counsel at the 'Give a Little, Help a Lot' clinic."

"The Orange Mound community and Memphis Area Legal Services are thankful for yet another successful year working with the attorneys and staff at Bass, Berry & Sims and the AutoZone legal department," said Linda Seely, Director of Pro Bono Projects at Memphis Area Legal Services. "We appreciate this great partnership and the time and effort put into this event each year to help seniors proactively prepare for important financial and healthcare decisions."

Coverage from the event was included in the evening broadcast on WMC Action News 5, Memphis' NBC affiliate. To read the story and watch the segment, click here.

About Bass, Berry & Sims PLC
With more than 260 attorneys representing numerous publicly traded companies and Fortune 500 businesses, Bass, Berry & Sims PLC has been involved in some of the largest and most significant business transactions and litigation matters in the country. For more information, visit www.bassberry.com.

About AutoZone, Inc.
As of May 7, 2016, AutoZone sells auto and light truck parts, chemicals and accessories through 5,226 AutoZone stores in 50 states plus the District of Columbia and Puerto Rico in the U.S., and 458 stores in Mexico, 25 IMC branches and eight stores in Brazil for a total count of 5,717.

AutoZone is the leading retailer and a leading distributor of automotive replacement parts and accessories in the United States. Each AutoZone store carries an extensive product line for cars, sport utility vehicles, vans and light trucks, including new and remanufactured automotive hard parts, maintenance items, accessories, and non-automotive products. Many stores also have a commercial sales program that provides commercial credit and prompt delivery of parts and other products to local, regional and national repair garages, dealers, service stations, and public sector accounts. IMC branches carry an extensive line of original equipment quality import replacement parts. AutoZone also sells the ALLDATA brand diagnostic and repair software through www.alldata.com. Additionally, we sell automotive hard parts, maintenance items, accessories, and non-automotive products through www.autozone.com, and accessories and performance parts through www.autoanything.com, and our commercial customers can make purchases through www.autozonepro.com and www.imcparts.net. AutoZone does not derive revenue from automotive repair or installation.

About Memphis Area Legal Services, Inc.
Memphis Area Legal Services, Inc., (MALS) is a nonprofit law firm that provides free civil legal assistance to eligible individuals in Shelby, Tipton, Fayette and Lauderdale counties in West Tennessee. MALS recently celebrated more than 40 years of service to the community. MALS receives federal funds from the Legal Services Corporation along with state and local funding, donations, grants and contracts. There are more than 800 attorneys, law students, paralegals, mediators and others who regularly volunteer their time and talents to ensuring access to justice through MALS in partnership with the staff and board. For more information, visit www.malsi.org.


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