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MGM Holdings $1 billion acquisition of Epix

5/4/2017
Public acquisition
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$ 1 billion

Announced

5/4/2017

Overview:

  • MGM Holdings has acquired US television channel Epix in a $1 billion deal.
  • Now the full owner of Epix, MGM had previously owned about 19% of the premium station.
  • Epix was sold by Viacom and Lionsgate Entertainment.
  • LionTree Advisors acted as financial adviser for Viacom and Lionsgate.
  • The transaction is expected to close within the month.

Kurt Stumpo - Journalist

Jurisdiction:

United States

Deal type:

Public acquisition

Practice area:

M&A

Governing law:

United States

Industry sector:

Entertainment

Firms:
Latham & Watkins

Party: MGM Holdings (Acquirer)

Lawyer: Jason Silvera

O'Melveny & Myers

Party: Lionsgate Entertainment (Seller)

Lawyer: Silvia Vannini

Shearman & Sterling

Party: Viacom (Seller)

Lawyers: Creighton Condon, Daniel Litowitz

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