Marc R. Packer
Marc R. Packer focuses on corporate and securities law matters, with an emphasis on mergers and acquisitions.

Bio

Mr. Packer's practice encompasses both U.S. and cross-border transactions, including mergers, tender and exchange offers, stock and asset sales, restructurings, joint ventures, spin-offs and proxy contests, as well as advice to corporate boards of directors regarding their fiduciary obligations, corporate governance and strategic matters. Mr. Packer has advised acquirers (both strategic and private equity), target companies, special committees of boards of directors, significant shareholders, financial advisors and underwriters. His clients have included companies in the technology, software, communications, energy, consumer products, pharmaceuticals, real estate, mining, professional sports and financial services sectors.

Mr. Packer’s transactions include his representation of:

  • Yahoo! Inc. in various matters, including the sale of its operating business to Verizon Communications Inc., its Dutch auction self-tender offer for shares of its common stock, aspects of its investment in Alibaba Group Holding Limited, an unsolicited acquisition proposal by Microsoft Corporation, a proxy contest by Carl Icahn, its acquisition of Musicmatch, Inc., and its strategic partnership in Australia and New Zealand with Seven Networks Limited;
  • Castle Harlan, Inc. in various transactions, including its acquisition of Tensar Corporation, its acquisition and subsequent sale of IDQ Holdings, Inc., its acquisition of Securus Technologies, Inc. and several portfolio company recapitalizations;
  • a consortium of private equity firms, comprising of Castle Harlan, Inc., Lime Rock Partners and CHAMP Private Equity, in the formation of Shelf Drilling, Ltd. and the acquisition by Shelf Drilling of a fleet of off-shore drilling rigs from Transocean Ltd., which received the highest ranking in the Corporate & Commercial category in the Financial Times’ 2013 “US Innovative Lawyers” report;
  • The Sage Group plc in various transactions, including its acquisitions of PayChoice, Emdeon Practice Services, Inc., Verus Financial Management, Inc., Timberline Software Corporation, ACCPAC International, Inc. and Interact Commerce Corporation, and Sage’s disposition of Sage Software Healthcare and certain noncore businesses;
  • Lawson Software, Inc. in various matters, including an investment in Lawson by Carl Icahn and the acquisition of Lawson by Golden Gate Capital and Infor;
  • The National Hockey League in its purchase of the Phoenix Coyotes hockey club in a transaction under Section 363 of the Bankruptcy Code, and the subsequent sale of the Phoenix Coyotes to IceArizona AcquisitionCo.;
  • Louis Dreyfus in the sale of its majority interest in Louis Dreyfus Highbridge Energy (now called Castleton Commodities International LLC) to an investor group, including Glenn Dubin and Paul Tudor Jones, and the sale of an oil refinery in Wilhelmshaven, Germany to ConocoPhillips;
  • Meridian Gold Inc. in an unsolicited exchange offer by Yamana Gold Inc. and the subsequent acquisition of Meridian by Yamana in a three-way combination with Northern Orion Resources Inc.;
  • ClearLight Partners LLC in its acquisitions of Gold Canyon Mining and Construction, LLC and Switchcraft Holdings Inc.;
  • Evans & Sutherland Computer Corporation in the sale of its military and commercial flight simulation business to Rockwell Collins, Inc.;
  • ASML Holding N.V. in its acquisition of Brion Technologies, Inc. and the sale of ASML’s thermal business unit to VantagePoint Venture Partners;
  • EMCORE Corporation in its acquisition of K2 Optronics, Inc. and the sale of EMCORE’s 49 percent interest in GELcore, LLC to General Electric Company;
  • Business Objects S.A. in its acquisition of Crystal Decisions, Inc. in a transaction that required clearances under both U.S. and French securities laws;
  • Inktomi Corporation in the sale of its enterprise search software business to Verity, Inc. and the acquisition of Inktomi by Yahoo! Inc.;
  • Exodus Communications, Inc., as debtor-in-possession in a Chapter 11 bankruptcy proceeding, in the sale of substantially all of its assets to Cable & Wireless plc;
  • STEAG Electronic Systems AG in the sale of its semiconductor manufacturing equipment business to Mattson Technology, Inc. in a transaction that included the simultaneous merger of CFM Technologies, Inc. with Mattson;
  • Burnham Pacific Properties, Inc. in the transfer of its assets to a liquidating trust and its sale of certain properties to Developers Diversified Realty Corporation; and
  • financial advisors in various M&A transactions, including Sykes Enterprises, Incorporated’s acquisition of ICT Group, Inc., Kimco Realty Corporation’s acquisition of Pan Pacific Retail Properties, Inc. and Autonomy Corporation plc’s acquisition of Virage, Inc.

Currently based in Skadden’s New York office, Mr. Packer also has worked in the firm’s Palo Alto office and in its London office, where he was a leader in the firm’s European emerging markets practice focusing on the Czech Republic and Slovakia.

In 2015, Mr. Packer received a Client Choice award in the General Corporate category from International Law Office and Lexology, which recognizes attorneys who stand apart for the excellent client service they provide.

Credentials

Education

  • J.D., Columbia University School of Law (Harlan Fiske Stone Scholar), 1984
  • B.S., Wharton School, University of Pennsylvania, 1981

Admissions

  • California
  • New York

Experience

  • Law Clerk, Hon. Ellsworth A. Van Graafeiland, U.S. Court of Appeals for the Second Circuit (1984-1985)

Marc R. Packer

Partner, Mergers and Acquisitions
marc.packer@skadden.com