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Weil Advises SiriusXM in its $325M Acquisition of Stitcher

Weil is advising SiriusXM, the leading audio entertainment company in the U.S., in its up to $325 million acquisition of Stitcher from The E.W. Scripps Company. Stitcher is a pioneer in podcast production, distribution and ad sales. The transaction is expected to close in the third quarter of 2020, subject to required regulatory approvals and the satisfaction of other customary closing conditions.

The Weil team advising SiriusXM is led by Mergers & Acquisitions partner Michael J. Aiello and includes Mergers & Acquisitions associates Michelle Sargent, Cody Conwell, Tom Tsatsis and Will Schoof (Not Yet Admitted in New York). The team also includes International Tax Head Devon Bodoh; Executive Compensation & Benefits partner Jennifer Britz; Technology & IP Transactions partner Charan Sandhu; Antitrust Head Steven Newborn and Antitrust partner Brianne Kucerik; Antitrust counsel Alexis Brown-Reilly; Tax associates Alfonso Dulcey and Charlie Roarty; Executive Compensation & Benefits associate Radhika Tahiliani; Technology & IP Transactions associates Philip Grudzina and Dennis Adams; Cybersecurity, Data Privacy & Information Management associate Robert Brown; and Antitrust associate Joon Cho.