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Liberty Media Completes Acquisition of 27% Stake in Charter Communications for $2.6 Billion
- Client News
- May 1, 2013
Practices
Liberty Media completed a transaction with investment funds managed by, or affiliated with, Oaktree Capital Management, Apollo Management and Crestview Partners, in which Liberty Media acquired approximately 27.3 percent of Charter for approximately $2.6 billion. The transaction represents a price per share of $95.50. Paul, Weiss represented Oaktree in the transaction.
The Paul, Weiss team included, among others, corporate partners Neil Goldman, and Kenneth Schneider; and tax partner Richard Bronstein.