On July 11, 2011, NCR Corporation (NYSE: NCR) and Radiant Systems, Inc. (NASDAQ: RADS) announced a definitive agreement for NCR to acquire Radiant Systems, a leading provider of multichannel point-of-sale and managed hosted service solutions to the hospitality and specialty retail markets, through a cash tender offer of $28 per Radiant Systems share in a transaction valued at $1.2 billion. NCR and Radiant Systems currently anticipate the transaction will close during the third quarter of 2011, subject to regulatory approval.

Greenberg Traurig represented Jefferies & Company, Inc. as the lead financial advisor to Radiant in the transaction. Greenberg Traurig’s team for Jefferies, led by Co-Chairman of the firm’s M&A Steering Committee, David Schwartzbaum, included corporate shareholder Michael Helsel and associate Joseph Gangitano, all of whom are in the firm’s New York office.