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Bingham Represents Mercury in Acquisition of KOR

Yahoo! Finance, Dec. 23, 2011 — Bingham represented Mercury Computer Systems, Inc., (NASDAQ: MRCY) in signing a definitive merger agreement to acquire KOR Electronics, Inc., and its wholly owned subsidiary, Paragon Dynamics, Inc. The total purchase price is $70 million in cash, subject to adjustment, and the deal is expected to close in the first week of January 2012. Mercury is a leading provider of commercially developed application-ready intelligence, surveillance and reconnaissance subsystems for defense prime contractors. KOR designs and develops digital radio frequency memory units for a variety of modern electronic warfare applications, and Paragon provides sophisticated analytic services and customized data fusion and exploitation solutions for the U.S. intelligence community. Bingham’s team for this matter included partners John Utzschneider, Tony Carbone and Natascha George; of counsel Ed Kirsch; counsel Tom Gray; associate Kristen Ferris; and Christal Fenton, staff attorney. This is the second acquisition of 2011 where Bingham has represented Mercury.

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