Legal Week Reports
May 25, 2005 at 08:03 PM
1 minute read
The original version of this story was published on Legalweek
Paul Weiss Rifkind Wharton & Garrison, Davis Polk & Wardwell and Sullivan & Cromwell have won lead roles on Comcast and Time Warner Cable’s $12.7bn (£6.9bn) acquisition of Adelphia Communications as the US’ active media sector continues to generate major deals.
The transaction sees Comcast and Time Warner put up $12.7bn in cash for the cable group via a joint venture, alongside a 16% exchange of Time Warner Cable stock.
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