Goldman Sachs enters into accelerated share repurchase agreement with Silicon Labs
Client(s) Goldman Sachs & Co. LLC
Jones Day represented Goldman Sachs & Co. LLC in an accelerated share repurchase agreement (ASR) entered into with Silicon Laboratories Inc. (Silicon Labs). Silicon Labs purchased $400 million of its own shares through the transaction, with the number of shares based on discounted volume-weighted average price during the term of the ASR.