Acquisition of Harman International Industries, Inc. by Samsung Electronics America, Inc.

Lee & Ko advised Harman International Industries, Inc. in a transaction where Samsung Electronics acquired 100% shareholding in Harman International Industries, Inc. via a reverse triangular merger through Samsung Electronics America, Inc. In this transaction, Lee & Ko provided superior legal service relating to South Korea-related legal issues. As the biggest acquisition ever of a foreign company by a South Korean company, this transaction garnered a great deal of attention from the relevant industry, and was successfully closed on March 11, 2017.