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Greenberg Traurig Trio Fast-Tracks $1.5B Opko Acquisition

Dealmakers: Robert Grossman, Ira Rosner and Joshua Samek

The Deal: The Greenberg Traurig shareholders led a large team of attorneys who represented Opko Health Inc. in its $1.47 billion acquisition of Bio-Reference Laboratories Inc.

Opko, a Miami-based biopharmaceutical and diagnostics company founded by billionaire health entrepreneur Dr. Phillip Frost, and Elmwood Park, New Jersey-based Bio-Reference reached an agreement June 3, and the deal was completed Aug. 20.

Details: Under terms announced in June, Opko offered 2.75 shares of its common stock for each share of Bio-Reference stock, or $52.58 based on Opko's June 3 closing price of $19.12.

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