Fried Frank represented GS Capital Partners in its agreement to acquire Michael Foods, Inc. from Thomas H. Lee Partners, L.P. and affiliated investment funds (“TH Lee”) for approximately US$1.7b. Michael Foods is a multinational producer and distributor of food products to the foodservice, retail and food ingredient markets. TH Lee will be required to rollover a portion of its equity interests in the merger, and it is expected that TH Lee will continue to own approximately 20% of the Company following the closing of the transaction. The transaction is also conditioned upon the successful tender of the Company’s 9.75% senior discounted notes due 2013 and the Company 8% senior subordinated notes due 2013.

The Fried Frank team was led by corporate partners Robert C. Schwenkel (NY), Murray Goldfarb (NY) and F. William Reindel (NY) and included corporate partners Emil Buchman (NY), Daniel J. Bursky (NY), Henry Lebowitz (NY) and David S. Mitchell (NY); antitrust partner Peter Guryan (NY); executive compensation and employee benefits partners Donald P. Carleen (NY) and Jeffrey Ross (NY); litigation partners Stephanie J. Goldstein (NY) and James J. McCullough (DC); tax partners Michael J. Alter (DC) and David I. Shapiro (NY); and antitrust special counsel Alyson L. Redman (NY).