Cravath and Skadden among firms leading in Yahoo acquisition

Cravath, Swaine & Moore and Skadden, Arps, Slate, Meagher & Flom are among the firms to have advised in telecom behemoth Verizon's US$4.83 billion cash deal to purchase internet giant Yahoo.

At least eight different Big Law firms were involved in the deal, according to a statement from Verizon.

Advising Yahoo

A team from Cravath, Swaine & Moore led the way for Yahoo, headed by Faiza Saeed and Eric Schiele. Skadden, Arps, Slate, Meagher & Flom; Wilson Sonsini Goodrich & Rosati; and Weil Gotshal & Manges also advised Yahoo. The Skadden team was led by M&A partner Marc Packer.

Advising Verizon

Wachtell, Lipton, Rosen & Katz; Gibson, Dunn & Crutcher; Covington & Burling; and Winston & Strawn acted as legal advisors to Verizon. Wachtell’s team was led by Steven Rosenblum and Edward Lee. Gibson Dunn was led by partners Rashida La Lande and Daniel Angel.

Source: Bloomberg Law

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