McDermott Represents Standard Car in Two Transactions
CHICAGO (December 9, 2008) — McDermott Will & Emery recently represented the Standard Car Truck Company in two transactions that both closed December 5. Founded in 1896, Standard Car is a long-time Firm client and is the worldwide leader in stabilization systems for freight cars, including engineered truck (undercarriage) components such as springs, friction wedges and wear plates.
McDermott represented Standard Car in connection with the sale of all its issued and outstanding capital stock to Westinghouse Air Brake Technologies Corporation (NYSE: WAB). Additionally McDermott represented the Standard Car Truck Company in its sale of all the issued and outstanding capital stock of its wholly-owned subsidiary Anchor Brake Shoe Company to New York Air Brake Corporation.
The McDermott team was led by Michael Fayhee and John Tamisiea with valuable assistance from Christopher Lin, Kathleen Edwards, John Hammond, Jeffrey Wagner, Lydia Kelley, Lou Rundio, Todd Solomon, Amy Gordon, Natalie Nathanson, Joseph Winterscheid and William Diaz.
Our Mergers & Acquisitions Practice Group represents a wide spectrum of publicly and privately held businesses, from Global 50 companies to venture backed start-ups, as well as private equity funds and investment banks. Our ability to leverage our extensive industry experience and recognized areas of practice, such as tax, health and life sciences, intellectual property, energy, employee benefits, and antitrust and competition, across multiple offices, distinguishes our practice and adds value to each M&A transaction.
