The acquisition that wasn’t

LeClairRyanlogoOne of Richmond’s biggest law firms was rebuffed in its attempted takeover of a West Coast firm in 2010, according to recent reports out of Portland, Ore.

LeClairRyan reportedly entered into discussions to acquire Portland-based Bullivant Houser Bailey PC back in 2009, according to the Portland Business Journal and the Willamette Week. That offer was rejected by Bullivant in late 2010, the reports said.

According to the Portland Business Journal: “The talks continued through the fall of 2010 before Bullivant’s shareholders concluded it wasn’t a good fit.”

Read the Portland Business Journal report here.

Willamette Week’s story quoted Bullivant’s managing shareholder Beth Skillern on why the deal fell through: “We concluded that it was not the right mix for us.”  Read the full Willamette story here.

Bullivant, according to the reports, is a 73-year-old law firm and the seventh-largest in Portland.

Had the acquisition been successful, it would have been LeclairRyan’s first venture into the Pacific Northwest. The firm has a presence on the West Coast with offices in San Francisco and Los Angeles.

LeClairRyanlogoOne of Richmond’s biggest law firms was rebuffed in its attempted takeover of a West Coast firm in 2010, according to recent reports out of Portland, Ore.

LeClairRyan reportedly entered into discussions to acquire Portland-based Bullivant Houser Bailey PC back in 2009, according to the Portland Business Journal and the Willamette Week. That offer was rejected by Bullivant in late 2010, the reports said.

According to the Portland Business Journal: “The talks continued through the fall of 2010 before Bullivant’s shareholders concluded it wasn’t a good fit.”

Read the Portland Business Journal report here.

Willamette Week’s story quoted Bullivant’s managing shareholder Beth Skillern on why the deal fell through: “We concluded that it was not the right mix for us.”  Read the full Willamette story here.

Bullivant, according to the reports, is a 73-year-old law firm and the seventh-largest in Portland.

Had the acquisition been successful, it would have been LeclairRyan’s first venture into the Pacific Northwest. The firm has a presence on the West Coast with offices in San Francisco and Los Angeles.

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