Practice Areas - Corporate and M&A Law Firms and Lawyers
| Deal Date: | 28-10-2016 | Practice Area: | Corporate and M&A |
| Deal Title: | AT and T Acquisition of Time Warner | Industry: | Fixed Line Telecommunications |
| Description: |
On October 22, 2016, Time Warner Inc. and AT and T Inc. announced that they had entered into a definitive agreement under which AT and T would acquire Time Warner in a stock-and-cash transaction valued at USD107.50 per share, consisting of USD53.75 per share in cash and USD53.75 per share in AT and T stock. The purchase price implied a total equity value of USD85.4 billion and a total transaction value of USD108.7 billion, including Time Warner's net debt. Cravath represented Time Warner in connection with the transaction.
|
||
| Financial Center: | New York | Value: | 5000.01-10000.00 |
| Advised Party: | Acquiror | Law Firm | Cravath |
| Target Company Jurisdiction: | United States | Acquiror Jurisdiction: | United States |
| Classification: |
Strategic Buyer Acquisitions Private Company |
Lawyer | Faiza J Saeed |
