To make sure his client, Supervalu Inc., walked away with the choicest pieces in the breakup of the supermarket and drugstore giant Albertsons Inc., Igor Kirman, 36, had to juggle three contracts that disposed of the entire company. And when the $17.4 billion deal tanked at the last minute, the Wachtell, Lipton, Rosen & Katz partner revived it by crafting a solution to appease Albertsons’ antitrust concerns.
- Dealmakers: Mergers & Acquisitions
-
Kirman’s reputation for being cool under pressure led him to the assignment in the first place. In the fall of 2005, Wachtell partner Andrew Brownstein received a call from the executive vice president at Eden Prairie, Minnesota-based Supervalu Inc., an occasional client. Supervalu wanted to enter the bidding process for Albertsons’ assets. Brownstein needed someone to help him execute the deal. He chose Kirman, whom he describes in one adjective: unflappable.
This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.
To view this content, please continue to their sites.
Not a Lexis Subscriber?
Subscribe Now
Not a Bloomberg Law Subscriber?
Subscribe Now
LexisNexis® and Bloomberg Law are third party online distributors of the broad collection of current and archived versions of ALM's legal news publications. LexisNexis® and Bloomberg Law customers are able to access and use ALM's content, including content from the National Law Journal, The American Lawyer, Legaltech News, The New York Law Journal, and Corporate Counsel, as well as other sources of legal information.
For questions call 1-877-256-2472 or contact us at [email protected]
