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Mergers & Acquisitions

Nov. 9, 2013

Gibson Dunn advises on $1.6 billion sale of Beverly Hills homebuilder

Shapell Industries Inc. tapped attorneys in the firm's Los Angeles office for the sale of its home building business to Toll Brothers Inc., a luxury homebuilder.


By Dominic Fracassa


Daily Journal Staff Writer


Beverly Hills-based Shapell Industries Inc. tapped attorneys in Gibson, Dunn & Crutcher LLP's Los Angeles office in the $1.6 billion cash sale of its home building business to Toll Brothers Inc., a luxury homebuilder headquartered in Horsham, Penn.


It's the second real estate deal valued at more than $1 billion that Gibson Dunn has handled this week. On Monday, attorneys in the firm&#...

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