Press Release

Kirkland & Ellis LLP Advises Paxar in $1.3 Billion Sale

Kirkland & Ellis LLP is advising Paxar Corporation in a $1.3 billion transaction that was announced today.

Avery Dennsion Corporation (NYSE: AVY) has signed a definitive agreement to acquire all outstanding shares of Paxar Corporation (NYSE: PXR) for $30.50 per share or approximately $1.34 billion.

Kirkland partners Stephen Fraidin, Jeffrey Symons, Mark Kovner, Marimichael Skubel and Scott Price advised Paxar on this transaction. 

Kirkland & Ellis LLP is a 1,300-attorney law firm representing global clients in complex corporate, restructuring, tax, litigation, dispute resolution and arbitration, and intellectual property and technology matters. The Firm has offices in New York, Chicago, Hong Kong, Los Angeles, London, Munich, San Francisco and Washington, D.C.