• Print This Page
  •  
  • Email This Page
  •  
  • RSS

Practices

Education

Memberships

Other Distinctions

Expand All >>
Biography Press Room

Peter G. Samuels is a Partner in the Corporate Department, and has served as co-head of the firm’s Mergers & Acquisitions Group. Peter works on mergers and acquisitions, joint ventures and other complex transactions, and has broad experience in serving as outside counsel for public companies. He advises boards of directors and activist shareholders on corporate governance and issues relating to strategic considerations, affiliated party transactions, and related matters.

Among the clients that Peter regularly advises are Bed Bath & Beyond Inc., Grifols S.A., Neuberger Berman, Overseas Shipholding Group, Inc., and W.R. Huff Asset Management. Illustrative transactions handled by Peter include:

  • Grifols S.A.'s $4 billion acquisition of Talecris Biotherapeutics closed in June 2011, highlighted as a 2011 Private Equity Deal of the Year by The Deal magazine and featured by the Financial Times in its inclusion of Proskauer in its 2011 FT 25 list of most innovative U.S. law firms 
  • Neuberger Berman’s management buyout from Lehman Brothers Holdings Inc., and representation of Neuberger Berman in its proposed repurchase of Lehman’s remaining stake for expected total proceeds to Lehman of $1.3 to $1.5 billion disclosed in November 2011 
  • Representation of the founder and largest shareholder of Affiliated Computer Services in its $6.4 billion merger with Xerox Corporation closed in February 2010 
  • Overseas Shipholding’s initial and restructured $1.1 billion vessel construction and financing joint venture with Aker Group closed in December 2009 
  • Intellon Corporation's merger with Atheros closed in December 2009
  • Icahn Enterprises’ $1.9 billion acquisition of Carl C. Icahn’s partnership interests in the management company and general partners of the Icahn hedge funds
  • Andrx Corporation’s $1.9 billion merger with Watson Pharmaceuticals, Inc.
  • Acquisition of various retail groups for Bed Bath & Beyond
  • Presidential Life Corporation's successful contest for corporate control with its largest shareholder completed in August 2010

Illustrative transactions where Peter has represented financial advisors include:

  • GTECH Holdings Corporation's acquisition by Lottomatica SpA
  • Audiovox Corporation's sale of its wireless division to UTStarcom, Inc.
  • Samsonite Corporation's restructuring of senior and subordinated indebtedness
  • Fidelity National Information Systems, Inc.'s acquisition by its majority parent, Fidelity National Financial, Inc.

Peter was the featured "Dealmaker in the Spotlight" for the September 2010 issue of the American Lawyer. He is a frequent lecturer on mergers and acquisitions and related topics, and has acted as chair and member of panels for the Practising Law Institute, University of Pennsylvania Law School, the European American Chamber of Commerce, the Association of Corporate Counsel, and various other organizations. He serves on the Board of Advisors of the University of Pennsylvania Institute for Law and Economics, served as Chairman of Wildcat Services Corp., a not-for-profit job training organization, and heads Proskauer’s initiative for pro bono client Open Society Foundations to reform New York’s pretrial release and bail systems. 

© 2012 Proskauer Rose LLP. All Rights Reserved.