Lyle Ganske leads the Firm's M&A Practice. He advises significant companies, focusing primarily on M&A, takeovers, takeover preparedness, corporate governance, executive compensation, and general corporate counseling. Lyle has been involved in 46 transactions that each had a value in excess of $1 billion and over 50 proxy contests and battles for corporate control. He represents the boards of approximately 100 public companies on fiduciary duty-related matters. He has experience with M&A involving an array of industries, including telecom, energy, manufacturing, retailing, and process industries.
Representative transactions include: Nextel Communications' $46.5 billion merger-of-equals with Sprint, Albertsons' $17.4 billion acquisition by a consortium of investors, Federated Department Stores' $17 billion acquisition of May Department Stores, Procter & Gamble's $3.3 billion divestiture of Folgers, The Lubrizol Corporation's $9.7 billion acquisition by Berkshire Hathaway, Goodrich Corporation's $18.4 billion merger with United Technologies, and the $4.75 billion cash-and-stock sale of Exelis to Harris Corporation.
Hostile takeover defense representations include Diebold, Firestone, GenCorp, United States Shoe Corporation, Loewen Group, Diamond Shamrock, Georgia Gulf, and PotashCorp. American Greetings, Chrysler, General Electric, Goodrich, Macy's, Nationwide, Procter & Gamble, and Sherwin-Williams are among other companies Lyle has advised on substantial matters.
Lyle speaks frequently, and has coauthored many articles, on M&A and corporate governance issues. He is lead director of Altra Industrial Motions (NASDAQ); a member of the Ohio Business Roundtable; and serves on the boards of the Greater Cleveland Partnership, Rock and Roll Hall of Fame, and Flashes of Hope. Lyle is the former chair of Business Volunteers Unlimited and the Commission on Economic Inclusion.