Weil advised 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 closed on October 19, 2020.
The Weil team that advised SiriusXM was led by Mergers & Acquisitions partner Michael J. Aiello and included Mergers & Acquisitions associates Michelle Sargent, Cody Conwell, Tom Tsatsis and Will Schoof (Not Yet Admitted in New York). The team also included 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; Tax associate Alfonso Dulcey; Executive Compensation & Benefits associate Radhika Tahiliani; Technology & IP Transactions/Privacy associates Robert Brown, Dennis Adams and Philip Grudzina; and Antitrust associate Joon Cho.