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Jones Day, Sullivan Are Counsel In Food Store Chain Acquisition Albertsons, Inc., the second-largest U.S. supermarket chain has agreed to acquire JS USA Holdings, Inc., the eleventh largest U.S. supermarket chain from J Sainsbury plc for close to $2.5 billion. JS USA Holdings, which operates under the Shaw’s and Star Markets banners is appealing to Albertsons because of its large stake in the New England market. While the company only owns 202 outlets it holds the first or second-place market share in Massachusetts, Rhode Island, Maine, Connecticut, Vermont and New Hampshire. With the deal, Albertsons will expand its presence into six new states and raise its number of stores to 2,500. J Sainsbury plc is Britain’s third largest grocer. The company has recently been hit by decreasing profits and market share at home. After a failed bid to purchase supermarket chain Safeway plc, J Sainsbury is concentrating on gaining strength in the British marketplace. In-house counsel for Albertsons was Paul Rowan. Jones Day represented Albertsons on the deal. The team was led by partner Mark E. Betzen and included partners Christopher M. Kelly, Robert J. Graves, Kenneth J. Krupsky, Alan S. Miller, Tom D. Smith, Dennis B. Drapkin; associates Mark T. Goglia, James A. Ranspot; and Scott F. Frodyma. Sullivan & Cromwell was legal counsel for JS USA Holdings Inc. The lawyers on the deal included partners Francis J. Aquila, Max Schwartz, Ronald E. Creamer, Jr.; associates Brian E. Hamilton, Ariel Aminetzah, Michael E. Davidian, Motunrola B. Afolabi, Alain Kuyumjian, Owen LaFreniere, Ling Li, Fred Schulte-Hillen, Sandra Cohen, Andrew C.W. Lund, Ansgar A. Simon, Anna M. Kuzmik; and Matthew J. Brennan. Additionally, David Barnes at Linklaters worked on the deal for J Sainsbury. Davis Polk and Morgan Lewis Handle Comcast’s Buying TechTV In a deal valued at around $300 million, Comcast Corp. has agreed to purchase the TechTV Inc. cable channel from Paul Allen’s Vulcan Programming Inc. TechTV is a network that focuses on viewing technology from different angles with a mix of fact-based programming and entertainment. The network is available in over 40 million homes and distributes content around the world. Comcast plans to merge TechTV with its own technology themed network, G4. G4 is a network designed for video game players and is available in 15 million homes. The merger will expand G4′s distribution and combine two niche networks to form one network with wider appeal. The new network has yet to be named and will be based in Los Angeles. In-house counsel for Comcast was Diana Wechsler Kerekes. Davis Polk & Wardwell provided legal counsel for Comcast on the deal. The team included partners William L. Taylor, William H. Aaronson, Kathleen L. Ferrell; associates Ajay B. Lele, Neil J. Barr; and Renata J. Ferrari. All lawyers were from the firm’s New York office. Morgan, Lewis & Bockius represented TechTV Inc. Skadden, Arps, Slate, Meagher & Flom advised Vulcan Programming Inc. LeBoeuf, Lamb, Greene & MacRae, advised EchoStar Communications Corporation. Echostar, the parent company of the Dish Network, will have a minority interest in the combined entity. Comcast owns majority stakes in many networks including E! Entertainment Television, Style Network and The Golf Channel.

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