News & Announcements

Weil Advised Goldman Sachs in $9B Financing for 21st Century Fox to Spin Off Businesses and Create New “Fox”

A Weil team advised Goldman Sachs in providing a bridge loan commitment of up to $9 billion in connection with the announcement that Twenty-First Century Fox, Inc. intends to spin off to 21st Century Fox shareholders a portfolio of its highly-rated news, sports and broadcast businesses to create a new “Fox.”

The Weil team was led by Banking & Finance partner Morgan Bale; and included Capital Markets partner Corey Chivers; M&A partner Raymond Gietz; Tax partner Helyn Goldstein; Litigation partner Miranda Schiller; Regulatory partner Ted Posner; Technology & IP Transactions partner Jeffrey Osterman; Antitrust partner Jeff White; Environmental counsel John O’Loughlin; Banking & Finance associates Justin Lee and Nick Nikic; Capital Markets associate Michael Stein; M&A associate Ariel Simon; Tax associate Liam Murphy; Regulatory associate Timothy Welch; Technology & IP Transactions associate Mary Lentowski; and Antitrust associate Megan Granger.