Investment Banking >>> ESOP & ERISA Advisory CLIENT TRANSACTION Shareholders of Engineering and Architecture Firm Engineering, architecture and construction management firm Location: Illinois Owners sold super common stock to ESOP. Certain sellers took advantage of capital gains tax deferral option. Trustees of two Ford Motor Company Retirement Plans Automobile manufacturer Location: Michigan Ford Motor Company recapitalization. Trustee of the Golden Rule ESOP Health and medical insurance carrier Location: Indiana ESOP purchased common stock from selling shareholders. Trustee of the Cargill, Incorporated Master ESOP Food processing Location: Minnesota ESOP purchased newly issued Series B common stock of Cargill. Trustee of the Columbia Savings Plan Electric power generation, transmission and distribution Location: Virginia Columbia Energy group merged with NiSource, Incorporated. Shareholders received stock, cash and newly issued convertible securities as consideration in the transaction. Trustee of various Wachovia Corporation ERISA and personal trust accounts Super-regional bank holding company Location: North Carolina Wachovia Corporation merged with First Union Corporation. Trustee of the Sawtek, Inc. ESOP Manufacturer of wireless telecommunications components Location: Florida Sawtek was acquired by TriQuint Semiconductor. Investment Manager of the Marriott International, Inc. Employees' Profit Sharing, Retirement and Savings Plan Hospitality Location: Maryland Marriott International, Inc. Employees' Profit Sharing, Retirement and Savings Plan purchased ESOP Convertible Preferred Stock from Marriott. Trustee of Blue Ridge Paper Products, Inc. ESOP Paper manufacturer Location: North Carolina Blue Ridge Paper Products, Inc. contributed common stock to the ESOP. Trustee of the ChemTreat, Inc. ESOP Manufacturer and distributor of waste water chemicals Location: Virginia ChemTreat, Inc., ESOP purchased a controlling equity interest in ChemTreat, Inc. Trustee of the PaineWebber, Inc. Savings Investment Plan Trust Financial Services Location: New York PaineWebber, Inc. merged with UBS AG. Independent fiduciary of the Lux Enterprises, Inc. Employees' Retirement Plan Manufacturer and marketer of vacuum cleaners Location: Texas Lux Enterprises, Inc. Employees' Retirement Plan purchased an equity interest in the operations of Electrolux. Parksite, Inc. Distributor of building materials, DuPont Corian and Tyvek Homewrap Location: Illinois Parksite, Inc. acquired Plunkett-Webster, Inc. Trustee of the Raleigh, Schwartz & Powell, Inc. ESOP Insurance broker Location: Washington Raleigh, Schwarz & Powell, Inc. was acquired by Brown & Brown, Inc. ESOP received stock as consideration in the transaction. Trustee of the Lithographix, Inc. ESOP Lithographer Location: California ESOP purchased 30% of common stock. Selling shareholders took advantage of capital gains tax deferral option. Trustee of the Rosendin Electric, Inc. ESOP Electrical contractor Location: California ESOP purchased remaining outstanding common stock and subsequently converted to S-Corporation.