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Latham & Watkins Advises Ceragon in Its Successful Proxy Fight and Defense Against Hostile Takeover
September 2, 2022
Cross-border team secures favorable outcome for leading solutions provider of 5G wireless transport.
Latham & Watkins, in partnership with Shibolet & Co, represented Ceragon Networks Ltd. (Ceragon), a global innovator and leading solutions provider of 5G wireless transport, in its successful defense of Aviat Network Inc.’s (Aviat) hostile takeover attempt. In a shareholder meeting in which Aviat attempted to take control of Ceragon’s Board, an overwhelming majority of the votes cast supported Ceragon and its Board and rejected Aviat’s proposals.
The cross-border Latham team was led by London partner Joshua Kiernan, Silicon Valley / New York partner Josh Dubofsky, and New York partner Robert Katz, with Tel Aviv associate Gilad Zohari.