Leif B. King is the head of the corporate/M&A practice in Skadden’s Palo Alto office. He represents clients in connection with a wide variety of corporate transactions, including mergers and acquisitions, private equity investments, activist investor situations, recapitalizations, spin-offs and minority investments.

Bio

Mr. King regularly advises public and private companies on corporate, corporate governance and securities law compliance issues.

Mr. King has been featured as a Dealmaker of the Week and Dealmaker of the Month in The American Lawyer, and he has been selected for inclusion in Chambers USA: America’s Leading Lawyers for Business every year since 2008. The Daily Journal has named him several times, including in 2016, as one of the Top 100 Lawyers in California and previously recognized him as one of the Top 20 Under 40 lawyers in the state. In 2013, he was recognized by The Recorder as an Attorney of the Year. He has received two California Lawyer Attorneys of the Year awards from California Lawyer magazine and the Daily Journal. Mr. King also has repeatedly been selected for inclusion in IFLR1000 and The Best Lawyers in America. He was recognized in 2016 as a BTI Client Service All-Star for providing outstanding client service.

Mr. King’s transactions include the representation of:

  • Broadcom Corporation in numerous matters, including its $37 billion sale to Avago Technologies Limited; its $3.7 billion acquisition of NetLogic Microsystems, Inc.; $147 million sale of certain Ethernet controller-related assets and non-exclusive intellectual property licenses to QLogic Corp.; $316 million acquisition of Beceem Communications Inc.; and $123 million acquisition of Teknovus, Inc.;
  • Cadence Design Systems Inc. in its $170 million acquisition of Jasper Design Automation, Inc.;
  • Calera Capital and its portfolio companies in the leveraged acquisitions of United Site Services Inc.; Direct General Corporation and IPS Corporation; Specialty Brands, Inc., a subsidiary of Tyson Foods, Inc.; Cornerstone Nutritional Labs, LLC; Bariatrix Products; and Setco, Tubed Products, LLC and O.G. Dehydrated, subsidiaries of McCormick & Company, Incorporated;
  • Con-way Inc. in its acquisition of Transportation Resources, Inc. and the sale of Menlo Worldwide Forwarding, Inc. to United Parcel Service, Inc.;
  • DocuSign, Inc. in its acquisition of the Trusted Documents and Transactions unit of Keynectis S.A.;
  • The special committee of the board of directors of Ellation, Inc. in the acquisition by Otter Media Holdings, LLC of the remaining stake in Ellation it did not already own;
  • EMC Corporation in its acquisition of RSA Security Inc.;
  • EnergySolutions in its $1.1 billion acquisition by a subsidiary of private equity firm Energy Capital Partners II, LLC;
  • Evercore as financial advisor to Brocade Communications Systems, Inc. in its $5.5 billion acquisition by Broadcom Limited;
  • funds affiliated with Fortress Investment Group in its investment in the $460 million recapitalization of Opus Bank (formerly Bay Cities National Bank);
  • Goldman Sachs as financial advisor to STMicroelectronics in the combination of its flash memory business with Intel’s, and to Precise Software Solutions Ltd. in its acquisition by VERITAS Software;
  • the special committee of the board of directors of The Gymboree Corporation in its $1.8 billion acquisition by Bain Capital;
  • Hewlett-Packard Company in its acquisition of Voltage Security, Inc. and in its investment in Hortonworks Inc.;
  • a consortium of private equity firms in the initial formation and $1 billion capital raising of Ironshore Inc.;
  • JPMorgan Chase & Co. as financial advisor to Mellanox Technologies LTD in its $811 million acquisition of EZchip Semiconductor LTD and International Rectifier Corporation in its $3 billion acquisition by Infineon Technologies AG;
  • McKesson Corporation in its $2.16 billion acquisition of US Oncology and in its acquisition of A.L.I. Technologies Inc.;
  • Modular Space Holdings, Inc. in its $1.1 billion acquisition by WillScot Corporation;
  • Modular Space Corporation in its acquisition of the GE Modular Space business from General Electric Capital Corporation;
  • Plum Creek Timber Co. Inc. in its $8.4 billion acquisition by Weyerhaeuser Co.;
  • The Public Investment Fund of the Kingdom of Saudi Arabia in its $3.5 billion investment in Uber Technologies Inc.;
  • RPX Corporation in its $555 million acquisiton by HGGC;
  • Safeco Corporation in its $6.2 billion merger with Liberty Mutual Insurance Company;
  • SJW Group in its $1.1 billion acquisition of Connecticut Water Service, Inc., and in its successful defense against a hostile takeover attempt by California Water Service Group;
  • Software Architects, Inc. in its merger with Capgemini North America, Inc.;
  • a special committee of the SolarCity board of directors in the company’s $2.6 billion sale to Tesla Motors, Inc.;
  • SurveyMonkey in its $800 million debt and equity recapitalization, which was recognized in the “Lawyers to the Innovators” category in the Financial Times’ 2013 “US Innovative Lawyers” report;
  • Tessera Technologies, Inc. in its $850 million acquisition of DTS, Inc.;
  • TiVo Inc. in its $1.1 billion sale to Rovi Corporation; and
  • Yahoo! Inc. in numerous matters, including its $9 billion sale of its stake in Alibaba Group Holding Limited in connection with Alibaba’s $25 billion IPO; its sale for over $7 billion of a portion of its stake in Alibaba Group Holding Limited (at announcement, the largest e-commerce M&A transaction in history and the largest-ever M&A deal between a U.S. and a Chinese company); its $350 million acquisition of Zimbra, Inc.; the strategic combination of its China business with Alibaba.com; the acquisition of HotJobs.com, Ltd.; the acquisition of Musicmatch, Inc.; and a $750 million convertible notes offering.

Credentials

Education

  • J.D., Georgetown University Law Center, 1996, (magna cum laude, Order of the Coif)
  • B.A., State University of New York at Binghamton, 1992 (Phi Beta Kappa)

Admissions

  • California
  • District of Columbia

Leif King

Partner, Mergers and Acquisitions; Private Equity
leif.king@skadden.com