Cases & Deals

Goldman Sachs enters into accelerated share repurchase agreement with LabCorp

Clients Goldman Sachs & Co. LLC

Jones Day represented Goldman Sachs & Co. LLC in an accelerated share repurchase agreement (ASR) entered into with Laboratory Corporation of America Holdings (LabCorp). LabCorp purchased $500 million of its own shares through the transaction, with the number of shares based on discounted volume-weighted average price during the term of the ASR.