Bridgestone acquires Bandag for $1 billion
Clients Bridgestone Americas Holding Inc.
Jones Day advised Bridgestone Americas Holding Inc. in its $1.05 billion acquisition of Bandag, Incorporated. Bridgestone acquired the outstanding shares of each class of stock of Bandag for $50.75 in cash per share. In addition to M&A representation, Jones Day provided antitrust, employee benefits, environmental, intellectual property and tax advice regarding this transaction.