Matthew P. Salerno is a partner based in the New York office.
Mr. Salerno’s practice focuses on corporate and financial transactions, particularly public and private mergers and acquisitions, private equity investments, and contests for corporate control.
Mr. Salerno’s recent representations include:
- Google in its $12.5 billion acquisition of Motorola Mobility;
- Alpha Natural Resources in its $8.5 billion acquisition of Massey Energy. Previously counsel to Alpha Natural Resources in its $2 billion merger with Foundation Coal Holdings, as well as other M&A and governance matters, including the receipt of a large break-up fee from Cleveland Cliffs Natural Resources in 2008;
- Medtronic in its $800 million acquisition of Ardian. Previously counsel to Medtronic in connection with its $500 million acquisition of Invatec and two related companies, Fogazzi and KRAUTH Cardio-Vascular, and in its $3.9 billion acquisition of Kyphon;
- Special Committee of the Board of Directors of Interactive Data Corp in the $3.4 billion sale of the company to a private equity consortium of Silver Lake and Warburg Pincus;
- Dollar Thrifty Automotive Group in its $2.3 billion merger with Hertz;
- Endurance International Group, a portfolio company of Warburg Pincus engaged in the web hosting and domain registration business, in its acquisitions of Hostgator.com and of the websites business of Intuit;
- XL Capital (now XL Group) in its redomestication from the Cayman Islands to Ireland through a Scheme of Arrangement;
- Citigroup in its $20.3 billion public exchange offers of common stock for preferred stock and trust preferred securities;
- Evraz Group in its successful $2.3 billion public tender offer for Oregon Steel Mills and in its $4 billion acquisition of IPSCO and the simultaneous divestiture to OAO TMK of certain of IPSCO’s U.S. assets;
- Citibank in its $1.4 billion acquisition of The Bisys Group, an NYSE listed provider of back office solutions, and the simultaneous sale to J.C. Flowers & Co., of Bisys’ insurance and retirement solutions business;
- Hellman & Friedman in its proposed joint acquisition with Bain Capital of Lehman Brothers’ investment management business, including Neuberger Berman;
- Capital One Financial in its $14.6 billion acquisition of North Fork Bancorporation;
- American Express Company in connection with its spin-off of Ameriprise Financial;
- Franklin Mutual Advisers in connection with the combination of Esmark, an FMA portfolio company, with Wheeling-Pittsburgh Corporation and the acquisition of the resulting company by Severstal;
- Casino Guichard-Perrachon (Groupe Casino), the French supermarket operator, in connection with the sale of its publicly-listed controlled subsidiary, Smart & Final, to Apollo; and
- The Special Committee appointed by the Board of Directors of Trans World Entertainment to explore strategic alternatives in response to the bid by the CEO/controlling stockholder to take the company private.
In 2012, Mr. Salerno was recognized as a "rising star" in mergers and acquisitions by
Law360 and named "Dealmaker of the Week" by
The AmLaw Daily.
Mr. Salerno joined the firm in 2001 and became a partner in 2010. He received a J.D. degree from Fordham University School of Law in 2001 and an undergraduate degree from Cornell University in 1998.
Mr. Salerno is a member of the Bar in New York.