Lauren Angelilli

Angelilli’s experience encompasses a wide range of matters and transaction types. She regularly advises clients in connection with:

• Significant M&A transactions, including for Anheuser-Busch InBev in its $123 billion acquisition of SABMiller; Disney in its $85 billion acquisition of 21st Century Fox; H.J. Heinz and 3G Capital in Heinz’s $60 billion merger with Kraft Foods Group; Occidental Petroleum in its $57 billion acquisition of Anadarko, topping Anadarko’s original agreement with Chevron; and Time Warner in its $109 billion sale to AT&T
• Spin-offs, split‑offs and public listings, including for Ashland in the IPO and tax‑free separation of its Valvoline business; DreamWorks Animation in its IPO; Graham Holdings in the spin‑off of Cable One; Honeywell in the spin‑off of its Resins and Chemicals business into a new independent public company, AdvanSix; Sprint in its spin‑off of EMBARQ; Time Warner in its spin‑offs of Time Inc., AOL and Time Warner Cable and the split‑off of the Atlanta Braves to Liberty Media; White Mountains Insurance in its split‑off of certain insurance businesses to General Reinsurance; and Xerox in the spin‑off of Conduent
• Special committee and board of director matters, including for Bridge Investment Group’s special committee in the $1.5 billion acquisition by Apollo; Endeavor’s special committee in the $25 billion take‑private acquisition by Silver Lake; the special committee of the Hudson board of directors in the sale of all remaining equity interests in Hudson to Dufry; Paramount’s special committee in the $28 billion merger with Skydance; TaskUs’s special committee in the proposed $2 billion take‑private acquisition by Blackstone and the company’s co‑founders; Viacom’s board committee in the $30 billion merger with CBS; Yahoo’s board committee in the $4.48 billion acquisition of Yahoo’s operating business by Verizon; and the special committee of the board of Eidos Therapeutics in the $2.83 billion merger with BridgeBio Pharma
• Complex private equity transactions, including for the founders of Alliance Animal Health in the significant growth investment from L Catterton; Aras in its substantial growth investment from GI Partners; Atlas Air in its $5.2 billion acquisition by an investor group led by Apollo; Brookfield and its affiliates in Brookfield Reinsurance’s $4.3 billion acquisition of American Equity Investment Life and Brookfield Renewable’s $2.8 billion acquisition of Duke Energy Renewables; Cable One in the formation of Clearwave Fiber, a joint venture with GTCR, Stephens Capital Partners and The Pritzker Organization; and J.D. Power in its sale to Thoma Bravo

Angelilli has represented clients across a diverse range of industry sectors, with significant depth in technology, media and telecommunications, as well as biotechnology and life sciences. Notable matters include representing:

Technology

• Afterpay in its $29 billion acquisition by Block
• J.D. Power in its sale to Thoma Bravo
• Pitney Bowes in the $700 million sale of its Software Solutions business to Syncsort, its $475 million acquisition of Newgistics and its $395 million acquisition of Borderfree
• TaskUs’s special committee in the proposed $2 billion take-private acquisition by Blackstone and the company’s co‑founders
• Technicolor in the $475 million sale of its Patent Licensing business to InterDigital
• Wiz in its pending $32 billion acquisition by Google
• Xerox in the $1.05 billion sale of its information technology outsourcing business to Atos and the spin‑off of Conduent
• Yahoo’s board committee in the $4.48 billion acquisition of Yahoo’s operating business by Verizon

Media and Entertainment

• Amblin Partners in the exit of Participant as an equity holder and NBCUniversal’s re‑investment; its strategic partnership with Alibaba Pictures; and, together with Steven Spielberg, in its formation with Participant Media, Reliance Entertainment and Entertainment One
• Disney in its $85 billion acquisition of 21st Century Fox, overcoming an interloper bid by Comcast to its original $66 billion agreement; the $10.6 billion sale of the Fox Regional Sports Networks to Sinclair; the $3.47 billion sale of its interest in the YES Network to an investor group including the Yankees and Sinclair; ESPN’s pending acquisition of NFL Network and other media assets from the NFL in exchange for a 10% equity stake in ESPN; the pending combination of its Hulu + Live TV business with Fubo; ESPN’s proposed joint venture with Fox and Warner Bros. Discovery to launch Venu Sports; ESPN’s strategic alliance with PENN Entertainment to launch ESPN BET; Endemol Shine’s acquisition by Banijay Group; the sale of FoxNext Games to Scopely; and the sale of a majority stake in Fox TeleColombia & Estudios TeleMexico to ViacomCBS
• DreamWorks Animation in a number of matters, including its IPO, the formation of Oriental DreamWorks and its $4.1 billion sale to Comcast
• Endeavor’s special committee in the $25 billion take‑private acquisition by Silver Lake
• Paramount’s special committee in the $28 billion merger with Skydance
• Quibi in its $750 million Series C private financing, the sale of its global content distribution rights to Roku and its out‑of‑court wind‑down process
• Time Warner in its $109 billion sale to AT&T; its investment in Hulu; and its spin-offs of Time Inc., AOL and Time Warner Cable and the split‑off of the Atlanta Braves to Liberty Media
• Viacom’s board committee in the $30 billion merger with CBS

Telecommunications

• Bharti in the acquisition of, and $1 billion investment in, OneWeb by a consortium led by Bharti and Her Majesty’s Government
• Cable One in its $2.2 billion acquisition of Hargray Communications; its $735 million acquisition of NewWave Communications; its $525.9 million acquisition of Fidelity Communications’ data, video and voice business; its acquisition of Clearwave Communications; the formation of Clearwave Fiber, a joint venture with GTCR, Stephens Capital Partners and The Pritzker Organization; and its strategic partnership with Mega Broadband
• EMBARQ in its acquisition by CenturyTel
• Graham Holdings in the spin‑off of Cable One
• Sprint in its merger with Nextel Communications and later spin-off of EMBARQ

Biotechnology, Life Sciences and Healthcare

• AmerisourceBergen in its $6.5 billion acquisition of Walgreens’ Alliance Healthcare businesses and its strategic relationship with Walgreens and Alliance Boots
• AveXis in its $8.7 billion acquisition by Novartis
• Biogen in its $7.3 billion acquisition of Reata Pharmaceuticals
• Cano Health shareholders, including members of management, in the $4.4 billion SPAC merger with Jaws Acquisition Corp., which included an $800 million PIPE investment
• The special committee of the board of Eidos Therapeutics in the $2.83 billion merger with BridgeBio Pharma
• Global Blood Therapeutics in its $5.4 billion acquisition by Pfizer
• HCSC in its $3.3 billion acquisition of Cigna’s Medicare businesses and CareAllies
• Shire in its $32 billion combination with Baxalta
• Thermo Fisher Scientific in its $20.9 billion acquisition of PPD and its $3.1 billion acquisition of Olink

Financial Services and Insurance

• Aon in its $13 billion acquisition of NFP
• Bridge Investment Group’s special committee in the $1.5 billion acquisition by Apollo
• Brookfield Reinsurance in its $4.3 billion acquisition of American Equity Investment Life

Consumer and Retail

• Anheuser-Busch InBev in its $123 billion acquisition of SABMiller and the $12 billion sale of SABMiller’s U.S. and global Miller‑branded businesses to Molson Coors
• Bacardi in its acquisition of ILEGAL Mezcal
• H.J. Heinz and 3G Capital in Heinz’s $60 billion merger with Kraft Foods Group to form The Kraft Heinz Company
• The special committee of the Hudson board of directors in the sale of all remaining equity interests in Hudson to Dufry
• Starbucks in its acquisition of Teavana, its commercial arrangement with Oprah Winfrey and its investment in Square
• Starwood Hotels in its $13.3 billion sale to Marriott International
• Unilever in its acquisition of a majority stake in Nutrafol

Energy, Infrastructure and Industrials

• Altra in its $5 billion acquisition by Regal Rexnord, the $3 billion “Reverse Morris Trust” combination with Fortive’s Automation and Specialty platform and the $325 million sale of its Jacobs Vehicle Systems business to Cummins
• The Aquarion Water Authority in its pending $2.4 billion acquisition of Aquarion Water Company from Eversource Energy
• Ashland in the $1.8 billion sale of Ashland Water Technologies to Clayton, Dubilier & Rice, the $1.65 billion sale of its performance adhesives business to Arkema, its $660 million acquisition of Pharmachem, the IPO and tax‑free separation of its Valvoline business and the sale of its nutraceuticals business to Turnspire Capital Partners
• Brookfield Renewable in its $2.8 billion acquisition of Duke Energy Renewables
• Honeywell in its proposed $90 billion acquisition of United Technologies, the $300 million sale of Honeywell Technology Solutions and the spin‑off of its Resins and Chemicals business into a new independent public company, AdvanSix
• Occidental Petroleum in its $57 billion acquisition of Anadarko, topping Anadarko’s original agreement with Chevron; the $10 billion investment by Berkshire Hathaway; the $8.8 billion sale of Anadarko’s African assets to Total; and the pending $9.7 billion sale of OxyChem to Berkshire Hathaway
• RWE in its $6.8 billion acquisition of the Con Edison Clean Energy Businesses

Transportation

• Atlas Air in its $5.2 billion acquisition by an investor group led by Apollo
• Canadian National Railway in its proposed $33.6 billion combination with Kansas City Southern
• Delta Air Lines in its acquisition of 49% of Virgin Atlantic from Singapore Airlines and in Delta’s related trans‑Atlantic joint venture with Virgin
• UAL in its merger of equals with Continental Airlines, creating United Continental Holdings