HOUSTON – Bracewell LLP represented the Special Committee of the Board of Directors of Dillard’s, Inc. (NYSE: DDS) in connection with Dillard’s approximately $2.3 billion merger with W.D. Company, Inc., a privately held family holding company that owned shares of Dillard’s common stock primarily for the benefit of the Dillard family. The transaction was approved by Dillard’s shareholders and was completed on June 4, 2026. The former W.D. Company shareholders received a combination of Dillard’s Class A and Class B common stock in the merger.
The transaction represents Dillard’s first significant corporate transaction following its reincorporation from Delaware to Texas.
Bracewell partner Will Anderson represented the Special Committee on the transaction.