18 April – LAWFUEL – The Law News Network – New York Partner Bob Profusek has been named Dealmaker of the Year by The American Lawyer, which cited his remarkable string of deals in 2004, in many ways the best in a distinguished 29-year career.
For instance, two of Wall Street’s savviest dealmakers, Wilbur Ross and Bruce Wasserstein, each turned twice last year to Jones Day teams led by Bob, for such deals as the ground-breaking creation of International Coal Group, the industry-redefining sale of International Steel Group, and the highly publicized acquisition of New York Magazine.
The year’s crowning deal, on which The American Lawyer focused, was Jones Day’s representation of Nextel in its merger with Sprint, shepherding a tricky $46 billion “merger of equals” to conclusion. Bob led a team of New York, Cleveland, Dallas, and Washington lawyers on that deal. Bob’s prior history of big-ticket, innovative M&A has ranged from representation of Gillette in its celebrated takeover defenses and GM in its joint venture with Toyota in the 1980’s to Federated in its unsolicited takeover of Macy’s and Ernst & Young in the spin-off of its consulting business in the 1990’s.