Blank Rome Represents Siemens Healthineers in Its Acquisition of Corindus Vascular Robotics
A Blank Rome team represented Siemens Healthineers in its approx. $1.1 billion acquisition of Corindus Vascular Robotics, Inc. (NYSE: CVRS), a publicly traded, global technology leader for robotic-assisted vascular interventions. The deal closed on October 29, 2019.
Initially, the parties were negotiating a complex strategic collaboration and minority investment transaction. These negotiations ultimately led to a full-blown acquisition of the target. For more information, please read Siemens Healthineers Completes Corindus Acquisition (press release, October 29, 2019).
The Blank Rome team was led by Shaun Snitman, Alan Lieblich, and Gary Goldenberg, with Yelena Barychev, Shaun Bockert, and Elena Jacque playing substantial roles, and with the assistance of many others in the Firm, including Mark Blondman, George Boggs, Lisa Campisi, Ashley Catalano-Leckerman, Jenn Daniels, Blake Fink, Tim French, Peg Hill, Cory Jacobs, Emma Jones, Mike Kadlec, Evan Lechtman, Melissa Murawsky, Jeff Rosenfeld, Amy Spencer, Dade Thornton, Shlomo Troodler, Buzz Wood, Shawn Wright, and Jillian Zvolensky, as well as Carol Buckalew and Ivy Shapiro.