David R. Clark

David R. Clark

Partner, Mergers and Acquisitions
David Clark focuses on mergers and acquisitions, corporate governance, and other corporate and securities matters.

Bio

Mr. Clark has advised public and private companies and their boards, real estate investment trusts and private equity firms in negotiated and contested domestic and cross-border mergers and acquisitions, asset sales, spin-offs and reorganizations. He also represents issuers and underwriters in debt and equity securities offerings.

Mr. Clark has advised, among others:

  • CME Group in its:
    • $1 billion equity investment by Google LLC;
    • transaction with S&P/Dow Jones Indices LLC;
    • transaction with IHS Markit involving the combination of the parties’ post-trade services for OTC markets into a new joint venture named OSTTRA;
    • $6 billion acquisition of NEX Group plc;
    • proposed $820 million acquisition of GFI Group, related $165 million sale of GFI’s interdealer broker business to a group formed by management of GFI and response to interloper bids; and
    • $126 million acquisition of the Kansas City Board of Trade;
  • Ball Corporation in its:
    • $530 million sale of its beverage packaging business in Russia;
    • $6.9 billion acquisition of Rexam PLC;
    • $675 million joint venture with Platinum Equity involving its U.S. food and aerosol packaging business;
    • $225 million divestiture of its Chinese beverage can and end manufacturing business; and
    • $120 million sale of its minority interest in its South Korea joint venture;
  • AutoNation in its:
    • pending $190 million acquisition of RepairSmith;
    • minority ownership stake in TrueCar; and
    • $85 million acquisition of CIG Financial;
  • R. R. Donnelley & Sons Company in its proposed but terminated $2.1 billion acquisition by affiliates of Atlas Holdings LLC, and subsequent $2.3 billion acquisition by affiliates of Chatham Asset Management, LLC;
  • Flagstar Bancorp in its $2.6 billion merger with New York Community Bancorp;
  • Exact Sciences Corporation in its $2.8 billion acquisition of Genomic Health, Inc.;
  • Hillenbrand, Inc. in its $2 billion acquisition of Milacron Holdings Corp.;
  • Cardinal Health in its $6.1 billion acquisition of Medtronic’s patient product portfolio;
  • Sara Lee in connection with the spin-off and redomestication of its international coffee and
  • tea operations in a transaction valued in excess of $13 billion;
  • InvenTrust Properties in its:
    • $1.4 billion sale of its student housing platform, University House, to a joint venture that includes Scion and CPPIB;
    • $2.3 billion sale of a portfolio of net lease assets to AR Capital; and series of self-management transactions with the Inland Group for the $12 billion REIT;
  • Huron Consulting Group in its:
    • $112 million sale of Huron Legal to Consilio; and
    • $325 million acquisition of the Studer Group;
  • Black Diamond Capital Management in its:
    • acquisition of GST AutoLeather, Inc.;
    • investment in IAP Worldwide Services, Inc.; and
    • sale of its portfolio company Sun World International.

Mr. Clark was named one of Crain’s Chicago Business’ 2021 Notable Rising Stars in Law. In 2020, he was recognized by The Deal as a Rising Star for his M&A and private equity work.

He is a frequent speaker at seminars on corporate and governance matters, including those organized by PLI Practising Law Institute and the Garrett and Corporate Counsel Institute.

Credentials

Education

  • J.D., Indiana University School of Law, Bloomington, 2010 (summa cum laude; Order of the Coif; Managing Editor, Indiana Law Review)
  • B.A., Ohio State University, 2007

Admissions

  • Illinois

Experience

  • Law Clerk, Hon. James S. Gwin, U.S. District Court for the Northern District of Ohio (2010-2011)

David R. Clark

Partner, Mergers and Acquisitions
david.clark@skadden.com