Marc Abrams, William N. Dye, William M. Ried

On January 23, a fund run by Willkie client D.E. Shaw & Co. won its bid to acquire FAO Inc.’s flagship store and brand name for $41 million, more than double the $20 million stalking-horse bid tendered in December. The total deal is worth $56 million with D.E. Shaw Laminar paying $41 million in cash to the FAO estate and an additional $5 million in working capital, and assuming $10 million in debt. The deal is featured in the Corporate Deals section of the January 29 edition of the New York Law Journal, highlighting the Willkie team which includes: partners Marc Abrams, William Dye, Steven Wilamowsky, and Douglas Ulene; of counsel William Ried; and associates Michael Cantwell, Jonathan Ruby, and Andrew Wurzburger.