This is the property of the Daily Journal Corporation and fully protected by copyright. It is made available only to Daily Journal subscribers for personal or collaborative purposes and may not be distributed, reproduced, modified, stored or transferred without written permission. Please click "Reprint" to order presentation-ready copies to distribute to clients or use in commercial marketing materials or for permission to post on a website. and copyright (showing year of publication) at the bottom.
Subscribe to the Daily Journal for access to Daily Appellate Reports, Verdicts, Judicial Profiles and more...

Mergers & Acquisitions

Dec. 20, 2013

Simpson Thacher advises Silver Lake in talent agency deal

Acquisition of IMG by William Morris Endeavor and its backer Silver Lake is estimated to be valued at $2.4 billion


By Giles Clarke


Daily Journal Staff Writer


Simpson Thacher & Bartlett LLP represented Silver Lake Partners, a backer of William Morris Endeavor Entertainment LLC, in the duo's acquisition of talent agency IMG Worldwide Holdings Inc. from private investment firm Forstmann Little and Co.


Terms of the transaction were not disclosed but media reports have speculated that the WME-Silver Lake bid was in the ballpark of $2.4 billion. Mubadala...

To continue reading, please subscribe.
For only $95 a month (the price of 2 article purchases)
Receive unlimited article access and full access to our archives,
Daily Appellate Report, award winning columns, and our
Verdicts and Settlements.
Or
$795 for an entire year!

Or access this article for $45
(Purchase provides 7-day access to this article. Printing, posting or downloading is not allowed.)

Already a subscriber?

Enewsletter Sign-up