Benjamin F. Garmer III

Partner

Overview

A partner and business lawyer at Foley & Lardner LLP, Benjamin F. Garmer III focuses his practice on acquisitions and financings for public and private companies and takeover defense. He has represented national underwriters, including CS First Boston, Merrill Lynch, and Goldman Sachs, as well as regional underwriters, Robert W. Baird, William Blair and others, in financings and other matters. He is a member of the firm's Transactional & Securities Practice and Energy Industry Team.

Affiliations

Mr. Garmer is a director of various private and public companies, where he has served on the compensation, audit and executive committees.

Professional Memberships

Mr. Garmer is a long-standing member of the American Bar Association Business Law Section Committee on Proxy Statements and Tender Offers. He has lectured on issues regarding acquisitions and takeover defense. He is a member of the American Bar Association and the State Bar of Wisconsin.

Recognition

In recognition of his experience, he has been Peer Review Rated as AV® Preeminent™, the highest performance rating in Martindale-Hubbell's peer review rating system. He was selected by his peers for inclusion in the current edition of The Best Lawyers in America©, Chambers USA: America’s Leading Lawyers for Business (2008 and 2010 - 2017), The Legal 500 for mergers and acquisitions work (2015), and was selected for inclusion in the 2005 - 2008 and 2011 - 2015 Wisconsin Super Lawyers® lists.

Education

Mr. Garmer received his J.D., cum laude, from the University of Michigan Law School and an LL.M in taxation from New York University. He received his B.A., cum laude, from DePauw University.

Representative Matters

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Foley represented Journal Communications, Inc. in the combination with The E.W. Scripps Company. In the transactions, each of Journal and Scripps will spin-off their respective newspaper businesses, which will then combine and become a new public company called Journal Media Group. Following the foregoing, Journal will merge into a subsidiary of Scripps, resulting in a pure broadcast (TV and radio) public company. Journal's shareholders will have 41% of the combined newspaper company and 31% of the combined broadcast company.
Represented National Research Corporation, a NASDAQ Global Select Market listed company, in its recapitalization, pursuant to which the Foley team created two classes of publicly traded securities from a single class structure. The two classes are identical except for voting rights and dividend rights.
Represented Regal-Beloit Corporation in successfully obtaining Department of Justice (DOJ) antitrust clearance for its approximately $875 million strategic acquisition of the electric motor business of A.O. Smith. Following an investigation by the DOJ, Regal-Beloit agreed to sell certain assets to address the Department’s competitive concerns. The transaction closed in August 2011.