Representation of MobileAccess in its acquisition by Corning Inc. for $175 million
Meitar represented MobileAccess a leading provider of wireless network solutions in its acquisition by Corning Inc. for approximately $175 million.
Meitar represented MobileAccess a leading provider of wireless network solutions in its acquisition by Corning Inc. for approximately $175 million.
Meitar represented Kibbutz Magal one of the shareholders of Netafim, in the sale of a controlling interest in Netafim Ltd. to Permira Fund, one of the largest European private equity funds.
Meitar represented JP Morgan and Barclays Capital as underwriters of the $84 million public offering of ordinary shares by Orbotech on Nasdaq.
Meitar represented the Altice Fund of Patrick Drahi in the sale of Mirs Communications, an Israeli cellular operator, to Hot Telecommunications, Israel’s largest cable television company, for a price of up to $300 million.
Meitar represented Barclays Capital, Citigroup, Goldman Sachs and Morgan Stanley as underwriters of the $5 billion debt offering by Teva Pharmaceutical Industries (November 2011).
Meitar’s litigation group obtained a seminal decision from the Tel-Aviv District Court on behalf of Sella Capital (TASE: SLARL), an Israeli real estate investment trust (REIT), blocking a hostile takeover attempt commenced in the form of a scheme of arrangement. The District Court ruled in favor of Sella, holding that a scheme of arrangement requires the consent of the company board of directors, and therefore can not be used for hostile takeovers.
In March 2010, MX Telecom was acquired by Amdocs, an NYSE traded company which is a leading global provider of billing solutions. MX Telecom is a global aggregator providing connectivity and infrastructure, and facilitating payment and digital content delivery, to enable businesses to take advantage of mobile technology.