Paul, Weiss client Citizen Watch Co., Ltd. of Japan completed its purchase of Bulova Corporation from Loews Corporation for approximately $250 million in cash. New York-based Bulova Corporation's primary business is the sale of watches under the Bulova, Accutron, Caravelle and Wittnauer brands. Citizen expects the purchase of Bulova to help expand its U.S. presence. The Paul, Weiss team was led by counsel Scott Grader and included corporate partners Toby Myerson and Kaye Yoshino, counsel Didier Malaquin and associates Adriana Hristova, Cory Kampfer, Marta Kelly, Ari Nishitani, Mie Ono and Julian Wong; environmental counsel William O'Brien; employee benefits partner Larry Witdorchic and associate Lauri Penn; real estate partner Peter Fisch and associate Stephan Steiner; tax partner Jeff Samuels, counsel Alyssa Wolpin and associate David Levine; intellectual property associates Julie Feldman and Zoe Hilden; and paralegal Miya Ukawa. Partner Joe Simons also provided advice on antitrust issues.
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