The Walt Disney Co. has agreed to place a $1.5 billion equity investment in Epic Games to acquire a stake in the platform alongside a multiyear collaboration project. Burbank, California-based Walt Disney was advised by Skadden, Arps, Slate, Meagher & Flom partners Brandon Dyke and Stuart Levi. Counsel information for Epic Games, which is based in Cary, North Carolina, was not immediately available.
Gaming & Esports
February 08, 2024, 11:12 AM