Smith, Timothy Terrence

Peter Izanec represents companies and private equity funds in a wide variety of mergers and acquisitions, divestitures, spin-offs, joint ventures, corporate financings, proxy contests, and corporate governance matters. He works with clients in many industries, including financial services, banking, consumer goods, pharmaceuticals, medical devices and services, insurance products, retail, metals and mining, aerospace products, and heavy manufacturing.

His recent transactions include various deals for Procter & Gamble, including the divestiture of its $3.3 billion Folgers coffee business; the $1.3 billion sale of the Option One Mortgage unit of H&R Block to American Home Mortgage; the $1.1 billion sale of the bridal and men's formalwear divisions of Macy's to strategic and financial buyers; sales of over $6 billion of mortgage loans held by National City Bank and KeyBank to various buyers; and the $17 billion sale and split-up of Albertson's to a consortium of strategic and financial buyers. He has represented various registrants in the successful negotiated settlement of proxy contests and has implemented shareholder rights plans and similar measures for various companies.

Prior to joining Jones Day, he was a corporate associate at Wachtell, Lipton, Rosen & Katz, where he worked on numerous M&A transactions, such as State Street Bank's $1.3 billion acquisition of the global security services business of Deutsche Bank, USA Networks' $1 billion acquisition of Expedia, and the $4 billion sale of Golden State Bancorp to Citigroup.