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Warren Buffett Turns to Robert Denham for Berkshire's $5B Investment in Goldman Sachs

September 2008

Berkshire Hathaway's Chairman, Warren Buffett has once again turned to MTO Corporate partner Robert Denham for counsel in the $5B infusion into New York City-based investment bank Goldman Sachs.  The deal includes the acquisition of $5B in preferred stock along with warrants for the purchase of additional stock.

Mr. Denham was the former CEO of Salomon Inc., and a managing partner of the firm from 1985 to 1991.  He recently represented Berkshire in its purchase of a 60 percent stake in manufacturing conglomerate the Marmon Group for $4.5 billion late last year.

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Robert Denham's practice emphasizes advising clients on strategic and financial issues.  Recent transactions include representing Berkshire Hathaway in the acquisition of Iscar, Ltd. and Business Wire and the refinancing of FINOVA and the purchase out of bankruptcy of Fruit of the Loom. He represented the Power family in its sale of J.D. Power and Associates, the Geliebter family in its sale of R.S.V. Sport, Inc., the Chandler Trust in the sale of Times Mirror Corporation, the Pulliam Trust in the sale of Central Newspapers, and The Copley Press in the sale of its Midwest newspaper operations.