News & Announcements

Weil Advised General Electric and Synchrony Financial in Connection with Split-Off

Weil advised longtime clients General Electric and Synchrony Financial in connection with the separation of Synchrony from GE. It resulted in a stock buyback of 6.6% of GE’S outstanding shares, the equivalent of a $20.4 billion in GE stock buyback. The transaction closed November 16, 2015.

The Weil team was led by M&A partner Jackie Cohen and included M&A partner Howard Chatzinoff; Capital Markets partners David Lefkowitz and Corey Chivers; Public Company Advisory Group head Ellen Odoner and partner Howard Dicker; Tax partner Chayim Neubort; Executive Compensation & Benefits head Paul Wessel; Public Company Advisory Group counsel Adé Heyliger; M&A associates Jamie Lurie, Daniel Cohen, Dening Kong and Clayton Collett; Capital Markets associates Jake Schneider and Paul Lee; Tax associate Mark Dundon; and Executive Compensation & Benefits associate Jennifer Britz.