Johnson & Johnson’s Acquisition of Mentor

On December 1, 2008, Johnson & Johnson announced its entry into a definitive agreement whereby it will acquire Mentor Corporation, a leading supplier of medical products for the global aesthetic market, for approximately $1.1 billion in a cash tender offer. Under the terms of the agreement, Johnson & Johnson will commence a tender offer to purchase all outstanding shares of Mentor at $31 per share. The tender offer is expected to close during the first quarter of 2009. Mentor is expected to operate as a stand-alone business unit reporting through ETHICON, Inc., a Johnson & Johnson company and a leading provider of suture, mesh and other products for a wide range of surgical procedures.

The lawyers involved are associates Leigh M. Harlan and Ryan D. Gorsche on corporate matters; partner Eric W. Hilfers and associates Lori Diamond Goodman and Jarrett R. Hoffman on executive compensation and benefits matters; and senior attorney Gregory J. Battista on environmental matters.