Three Big Law Firms Guide Terex in $2 Billion Dover Purchase

Lawyers from Fried Frank and Pryor Cashman guided Terex in its $2 billion deal to acquire Dover Corp.'s environmental solutions business.

Skadden, Arps, Slate, Meagher & Flom steered Dover in the deal, announced Monday. The transaction is expected to close before the end of this year, subject to regulatory and other approvals.

Terex, a manufacturer of lifting and material processing products, will form a new segment to integrate Dover’s garbage truck manufacturing business with its existing utilities operations.

The Fried Frank team was led by partners Philip Richter, who is co-head of the firm’s M&A practice, and Max Yim. Pryor ...