Robert B. Schumer

Recently, Schumer has been the lead lawyer on numerous high-profile transactions, including:

• Advance, founder and major shareholder of Discovery, Inc., in the $150 billion Reverse Morris Trust transaction that will combine AT&T Inc.’s WarnerMedia business with Discovery, Inc.;
• Time Warner Cable in its $78.7 billion merger with Charter Communications;
• Time Warner Cable in its $45.2 billion stock-for-stock merger with Comcast Corporation (terminated). As a result of his work on the proposed Comcast transaction, The American Lawyer named Bob “Dealmaker of the Week”;
• The Special Committee of the Board of Directors of CBS Corp. in its $40 billion merger with Viacom, to form ViacomCBS Inc. As a result of his work on the merger, The American Lawyer named Bob among its “Dealmakers of the Year” (2020);
• Agrium Inc. in its merger of equals with Potash Corporation of Saskatchewan Inc. to create an integrated global supplier of crop inputs with an enterprise value of approximately $36 billion;
• Inspire Brands, Inc., a Roark Capital Group portfolio company, in its $11.3 billion acquisition of Dunkin’ Brands Group, Inc., the parent company of Dunkin’ and Baskin-Robbins;
• Simon Property Group, Inc. in its approximately $9 billion acquisition of an 80% ownership interest in The Taubman Realty Group Limited Partnership, the operating partnership of Taubman Centers, Inc.;
• Brookfield Asset Management, Inc. and Simon Property Group, Inc. in their acquisition of certain assets of J.C. Penney Company, Inc., in connection with J.C. Penney’s chapter 11 case;
• The Special Committee of the Board of Directors of Pattern Energy Group in its approximately $6.1 billion acquisition by Canada Pension Plan Investment Board;
• The Board of Directors of Xerox Corporation in its separation of the company into two public companies, a document technology company and a business process outsourcing company, and its related agreement with Carl Icahn;
• Kate Spade & Company in its $2.4 billion acquisition by Coach, Inc.;
• The Special Committee of the Board of Directors of Perry Ellis International in connection with its merger with a group led by its founder, George Feldenkreis;
• The Special Committee of the Board of Directors of Expedia Group, Inc. in its acquisition of Liberty Expedia Holdings, Inc.;
• The Chatterjee Group and Rhône Capital in their $2.725 billion joint acquisition of the Lummus Technology in connection with the company’s chapter 11 case;
• HCP in the spin-off of its HCR ManorCare portfolio into an independent, publicly-traded REIT;
• Warner Music Group in its $3.3 billion sale to Access Industries. The transaction was named 2011 “Transaction M&A Deal of the Year” by The Deal. As a result of his work on this transaction, The American Lawyer named Bob among its “Dealmakers of the Year” for that year;
• Oak Hill Capital Partners in the $2.85 billion sale of Firth Rixson, a UK-based aerospace jet engine component provider, to Alcoa;
• RSC Holdings in its $4.2 billion sale to United Rentals;
• Emdeon Business Services in its $3 billion sale to Blackstone Group;
• Time Warner Cable in its multi-billion dollar spin-off from Time Warner Inc. and in its $3 billion acquisition of Insight Communications;
• Agrium Inc. in its successful proxy contest with JANA Partners LLC, whereby JANA Partners sought, but ultimately failed, to split Agrium’s retail and wholesale businesses and replace five members of Agrium’s Board of Directors with its own nominees. All of Jana’s nominees were defeated;
• Oak Hill Capital Partners in the $1.1 billion sale of Duane Reade Holdings, the iconic New York-based drugstore chain, to Walgreens;
• The Lightstone Group in the $2.3 billion sale in 2010 of its portfolio company, Prime Outlets Acquisition Company, to Simon Property, the largest public real estate company in the United States;
• Agrium Inc. in its $4.9 billion hostile bid for CF Industries Holdings and in its $2.65 billion acquisition of UAP, creating North America’s largest agriculture retailer;
• Western Coal in its arrangement agreement with Walter Energy, pursuant to which Walter Energy acquired Western Coal for approximately $3.2 billion; and
• Universal American in connection with the $1.25 billion sale of its Medicare Part D business to CVS Caremark, making CVS one of the nation’s largest providers of prescription drug services for Medicare Part D beneficiaries, and spin off of its remaining businesses to its public shareholders.