Richard Grossman focuses his practice on proxy contests, responses to shareholder activists, corporate governance matters, mergers and acquisitions, and leveraged buyouts. Mr. Grossman has advised many companies with respect to corporate governance issues and responses to shareholder proposals.
He also has represented companies in contested proxy solicitations and other contests for corporate control as well as unsolicited acquisition proposals. In addition, Mr. Grossman has advised clients in designing and implementing shareholder rights plans and other corporate protective measures.
Mr. Grossman is ranked in the top tier in Chambers USA 2017 for New York takeover defense. He also was named one of The American Lawyer’s Dealmakers of the Year in 2017. His representations have included:
- American Capital, Ltd. in response to activist shareholder Elliott Associates LP and its subsequent sale to Ares Capital Corporation for $3.4 billion;
- Anheuser-Busch Companies in its response to the unsolicited proposal and consent solicitation by InBev N.V. and the subsequent $52 billion acquisition of Anheuser-Busch by InBev;
- BlackRock’s closed-end mutual funds in responding to activist shareholders seeking to require redemption of the funds’ auction market preferred securities;
- Compuware Corporation in a $2.3 billion unsolicited bid from Elliot Management Corporation and sale to Thoma Bravo;
- FGX International Holdings Limited in its $565 million acquisition by Essilor International;
- Hexcel Corporation in its successful proxy contest against dissident shareholder Oscar S. Schafer and Partners;
- Norfolk Southern Corporation in connection with an unsolicited offer and threatened proxy contest by Canadian Pacific Railway;
- J.D., New York University, 1984
- B.S., The Wharton School, University of Pennsylvania, 1981
Admissions : New York
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