Firm Noted in Time Warner/DukeNet Acquisition Media
On October 7, Time Warner Cable announced that it has entered into a definitive agreement with Duke Energy and investment funds managed by Alinda Capital Partners to buy DukeNet Communications. Moore & Van Allen provided legal counsel to DukeNet in the matter, thus has received mentions in much of the media coverage surrounding the acquisition, including: Bloomberg, The Wall Street Journal’s Market Watch, Yahoo! Finance, New Statesman, The Street, Your Fibre Optic News, Broadband Communities, Akron Beacon Journal, Sys-Con Media and more. The purchase price was $600 million, including the repayment of debt.
MVA attorneys involved in the matter include: Rob Fisher, Janet Higley, Steve Hope, Lesley Lewis, Palmer McArthur, Brian Mesibov, Renee Miller, Tom Myrick, Casey Perry, Randy Phillips, Rob Rust, Wade Sample and Omari Sealy. Time Warner Cable’s complete media release on the matter can be seen here.