FRED LOWINGER, Senior Counsel in the Chicago office, has extensive experience in mergers and acquisitions, corporate finance and corporate governance. Mr. Lowinger was formerly co-head of the firm’s M&A practice area, head of the Chicago office’s Corporate group and a member of Sidley’s Executive Committee.
Among the numerous M&A transactions in which Mr. Lowinger has been involved, he has played a major role in the sale (pending) of Beam Inc. to Suntory Holdings, the spin-off of Fortune Brands Home & Security, Inc. by Fortune Brands, Inc. (now Beam Inc.), the sale of First Data Corporation in a leveraged buyout by KKR, First Data’s prior spin-off of Western Union and acquisitions of Concord EFS, Inc. and First Financial Management Corporation, the acquisition of Nicor Inc. by AGL Resources Inc., the acquisition of Alberto-Culver Company by Unilever, the acquisition of Central Vermont Public Service Corporation by Gaz Métro, the sale of West Corporation in a leveraged buyout by TH Lee Partners and Quadrangle Group, the sale of Maverick Tube Corporation to Tenaris S.A., R.R. Donnelley & Sons Company’s merger with Moore Wallace Incorporated, Stone Container Corporation’s merger with Jefferson Smurfit Corporation, Aon Corporation’s acquisition of Hewitt Associates, Inc., acquisition of Alexander & Alexander Inc., sale of Combined Insurance Companies of America to the Ace Group of Companies and sale of Sterling Life Insurance Companies to Munich Re, Allscripts Healthcare Solutions, Inc.’s merger with Misys Healthcare Systems and subsequent acquisition of Eclipsys Corporation, Sara Lee Corporation’s sale of its direct selling business to Tupperware Corporation, the leveraged buy-out of Monsanto’s consumer food business by an investor group led by affiliates of Pegasus Investors, L.P., the sale of Bill Me Later, Inc. to eBay Inc., the sale of Howard Publications, Inc. to Lee Enterprises Incorporated and the sale of The Pampered Chef Ltd. to Berkshire Hathaway Inc. He has also been involved in contested takeover work, having represented Exelon Corporation in its attempted acquisition of NRG Energy, Inc. (ultimately abandoned), Ventana Medical Systems, Inc. in its defense against the hostile tender offer of Roche Holding Ltd (and ultimate acquisition of Ventana by Roche), Midwest Air Group, Inc. in its defense against the hostile exchange offer and related proxy contest of AirTran Holdings, Inc. (and the subsequent acquisition of Midwest Air by TPG), Wallace Computer Services, Inc. in its defense against the hostile tender offer and related proxy contest of Moore Corporation (and the later acquisition of Wallace Computer by Moore), and AT&T in its takeover of NCR Corporation. He also has significant experience representing special committees and financial advisors in connection with business combinations.
Mr. Lowinger has also been involved in many securities offerings and other corporate finance matters. He has represented issuers and underwriters in public and private equity and debt offerings, including initial public offerings.
In addition to his transactional practice, Mr. Lowinger frequently advises boards of directors and committees on governance, disclosure, fiduciary and other matters.
Mr. Lowinger is included in the Corporate/M&A sections of Chambers Global: The World’s Leading Lawyers and Chambers USA: America’s Leading Lawyers and is named in both the Mergers & Acquisitions and Corporate Governance sections of The International Who’s Who of Business Lawyers and Who’s Who Legal. He is endorsed in the Corporate/M&A areas in PLC Which Lawyer? and is listed as a “Leading Lawyer” in Legal 500 US in the area of M&A. He also has been named the Best Lawyers' 2013 Chicago, Corporate law "Lawyer of the Year." Best Lawyers designates "Lawyers of the Year" in high-profile legal practice areas in large legal communities. Only a single lawyer in each practice area community is honored.
Mr. Lowinger is a member of the ABA Corporate Laws Committee and the Executive Committee of Northwestern University’s Garrett Corporate and Securities Law Institute and a former member of the Planning Committee of the Tulane Corporate Law Institute. He was the chair of the 2009 Garrett Institute. Mr. Lowinger is also a member of the Board of Directors of the Rehabilitation Institute of Chicago Foundation and the Board of Directors of Columbia College Chicago.
Mr. Lowinger is a Certified Public Accountant.