April 08, 2013
Weil ranked #2 in announced US Media M&A deals by Thomson Reuters for the first quarter of 2013. Weil secured the #2 position with 63 percent market share and $16.7 billion in deal volume.
Recent deals that have placed Weil at the top of the Media M&A rankings include: General Electric’s $18.1 billion sale of its remaining 49 percent stake in NBCUniversal and related real estate to Comcast; Facebook’s acquisition of Atlas Advertiser Suite from Microsoft Corporation; LIN Television of Texas’s sale of its stake in Station Venture Holdings (a joint venture with NBCUniversal Media) to Comcast and NBCUniversal; and Netia’s acquisition of certain network assets owned by Aster SP zoo.
This news was also reported in the following outlets (may require registration/registration):
- New York Law Journal: Mega-Transactions Fuel Rise in Deal Value (April 4, 2013)
- The New York Times DealBook: Mergers Slowed to a Snail’s Pace in the Quarter, the Fewest Since 2003 (April 2, 2013)
- The Am Law Daily: Davis Polk Tops List of M&A Advisers for First Quarter of 2013 (April 2, 2013)