February 13, 2014
The firm’s Communications, Media & Privacy Department is leading the effort to secure FCC regulatory approval for Comcast Corporation in its acquisition of Time Warner Cable Inc.
On February 13, Willkie client Comcast Corporation and Time Warner Cable Inc. announced that their Boards of Directors have approved a definitive agreement for Time Warner Cable to merge with Comcast in a deal valued at approximately $45.2 billion, or $67 billion including debt. Creating one of the world’s leading technology and media companies, the merger is expected to accelerate delivery of Comcast's technologically advanced products and services to Time Warner Cable's customers. Willkie’s Communications, Media & Privacy Department is leading the effort to secure FCC regulatory approval for the deal.
Willkie previously represented Comcast on the FCC regulatory aspects of its $13.75 billion joint venture with General Electric to create NBCUniversal, LLC, and on its subsequent $16.7 billion deal to acquire the remaining 49% common equity stake in the joint venture from GE.
The Willkie team on the current deal is being led by partners Francis Buono and James Casserly, and includes partner David Murray, special counsel Michael Jones and associates Michael Hurwitz, Mia Hayes, Melanie Medina and Joshua Parker.
