NBCUniversal $3.8 billion acquisition of DreamWorks Animation
Davis Polk is advising NBCUniversal, a division of Comcast Corporation, on its approximately $3.8 billion acquisition of DreamWorks Animation. DreamWorks Animation will become part of the Universal Filmed Entertainment Group, which includes Universal Pictures, Fandango and NBCUniversal Brand Development. The transaction, which is expected to close by the end of 2016, is subject to antitrust approvals in the United States and abroad, as well as the satisfaction of other customary closing conditions.
NBCUniversal is one of the world’s leading media and entertainment companies in the development, production and marketing of entertainment, news and information to a global audience. DreamWorks Animation is a global family entertainment company with business interests that span feature film and television production, licensing and consumer products, location-based entertainment and new media properties.
The Davis Polk corporate team includes Managing Partner Thomas J. Reid, partners William H. Aaronson and Brian Wolfe and associate Darren M. Schweiger. Partners Frank J. Azzopardi and Pritesh P. Shah and counsel Matthew J. Bacal are providing intellectual property and technology advice. Partner Kyoko Takahashi Lin is providing executive compensation advice. Partner Neil Barr is providing tax advice. Partner Arthur J. Burke is providing antitrust and competition advice. All members of the Davis Polk team are based in the New York office.