Shearman & Sterling is advising Liberty Global, Inc. on its acquisition of Virgin Media Inc. in a stock and cash merger transaction valued at approximately $23.3 billion. The transaction is subject to approval from both companies’ shareholders, regulatory approvals and other customary closing conditions.
Liberty Global is the leading international cable company, with operations in 13 countries. Virgin Media is the first provider of all four broadband, TV, mobile phone and home phone services in the UK.
Shearman & Sterling’s team included partners George Casey (New York-Mergers & Acquisitions), Eliza Swann (New York-Mergers & Acquisitions), Jeremy Kutner (London-Mergers & Acquisitions), Alan Goudiss (New York-Litigation), Laurence Bambino (New York-Tax) and Doreen Lilienfeld (New York-Executive Compensation & Employee Benefits).
