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Oldschoolfirm.com If you think Winthrop, Stimson, Putnam & Roberts has an old-school ring to it, you're absolutely right. The New York-based firm's ancestry harks back to the heady days of 1868, the same year that the House of Representatives voted eleven articles of impeachment against President Andrew Johnson (eventually acquitted by the Senate by one vote). In 2000, WSPR counts 260 lawyers among its ranks, and fields offices on three continents. Busy with the cross border mergers While not exactly dominating the league tables, Winthrop Stimson has won attention for its M&A practice, which also offers expertise in divestitures of public and private companies, tender offers, management buyouts, LBOs, proxy contests, joint ventures and strategic alliances, corporate recapitalizations and restructurings, privatizations, and acquisitions and divestitures of financially distressed companies. 1999 was a particularly fine M&A year for the firm. From April to December, WSPR worked on three multi-billion dollar cross border mergers, capped off with the closing of a $2.3 billion agreement between Holland's Buhrmann NV and Colorado-based Corporate Express, Inc. Merging into a giant Winthrop, Stimson, Putnam & Roberts and Pillsbury Madison & Sutro, of San Francisco, announced in July 2000 that the two firms would merge to increase presence on both coasts as well as overseas. Called Pillsbury Winthrop, the combined firm would have more than 860 lawyers in 16 offices and $400 million in revenue in the next year--making it one of the top 20 firms in the states. Pillsbury, which is twice as large as Winthrop, would increase its international presence, while Winthrop would strengthen its technology practice. The companies made the move following revenue drops and globalizing competitors.
Dorrie Ciavatta Director of Legal Employment (212) 858-1526 More Company Profiles For more career information, go to Vault.com ©2000, Vault.com Inc
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