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MGM to Be Acquired by Amazon for $8.45 Billion
- Client News
- May 26, 2021
Paul, Weiss is advising MGM in its sale to Amazon for $8.45 billion. MGM is a leading entertainment company focused on the production and global distribution of film and television content across all platforms. The company owns one of the world’s deepest libraries of premium award-winning film and television content. MGM’s over 4,000 beloved film titles, including James Bond, Moonstruck, Rocky, Poltergeist and many other icons, and 17,000 television shows, including Fargo, The Handmaid’s Tale and Vikings, have collectively won more than 180 Academy Awards and 100 Emmys. Completion of the transaction is subject to regulatory approvals and other customary closing conditions.
The Paul, Weiss team includes corporate partners Jeffrey Marell, Brian Lavin, Cullen Sinclair, David Huntington and Caith Kushner, and counsel Jason Tyler; executive compensation partners Jarrett Hoffman and Lawrence Witdorchic, and counsel Meghan Fox; litigation partners Aidan Synnott and Jay Cohen; intellectual property partner Charles Googe; tax partner Brian Krause; real estate partner Peter Fisch; antitrust counsel Yuni Sobel and Marta Kelly; and environmental counsel William O'Brien.