Partner Mark Grossmann Quoted in Crain's Chicago Business on Buffet's Investment in Wrigley

Mark Grossmann, a partner in the firm’s Mergers and Acquisitions Practice, was quoted in an article in Crain’s Chicago Business on Warren Buffet’s uncharacteristic move with Mars Inc. to buy Wm. Wrigley Jr. Co. While most of Buffet’s deals involve whole businesses, this investment makes him only a minority shareholder. In this position, says Mr. Grossmann, “you have little or no control over your ability to become liquid. He must feel that this is a great way to get involved in a very prominent brand, and he’s decided he’s willing to relinquish control and put his confidence in someone else.” (“The Oracle’s endgame,” May 5, 2008)