Olshan Tax Attorneys Highlighted by Law360
In its weekly highlight of tax work, Law360 noted how Olshan tax partner Mark Limardo helped Quinpario Acquisition Corp. pay $539 million in cash to acquire Jason Inc. from Saw Mill Capital LLC and other investors. Jason, which brings in $700 million per year in revenue, will go public through the deal. If shareholders and regulators approve the deal, it will close by the end of the second quarter. To finance the deal, Deutsche Bank will issue a $40 million revolver, a $300 million first lien and a $120 million second lien. QPAC will also use cash from its initial public offering last August. For more details, including how several Olshan practice areas worked together to complete the acquisition, please see our previous post.