Photo of David M. Rievman

David M. Rievman

Partner, Skadden

212-735-3257david.rievman@skadden.com

One Manhattan West
New York, NY 10001

View Firm Biography

David Rievman advises U.S. and international clients with respect to the tax aspects of complex transactions, including U.S. and cross-border mergers and acquisitions, financings, divestitures (including spin-offs), financial restructurings and recapitalizations, joint ventures and other business transactions.

Significant representations include:

  • Adevinta ASA in its $9.2 billion acquisition of eBay Classifieds Group from eBay Inc.
  • Armstrong World Industries, Inc. in the tax-free spin-off of its flooring and ceiling businesses into two separate, publicly traded companies
  • Bentley Pharmaceuticals in its spin-off of CPEX, Inc. and in the $360 million sale of Bentley to Teva Pharmaceutical Industries Ltd.
  • The Coca-Cola Company in several matters, including:
    • the U.S. tax matters related to the combination of Coca-Cola Enterprises, Inc., CocaCola Iberian Partners SA (Spain) and Coca-Cola Erfrischungsgetränke AG (Germany) to form a new company called Coca-Cola European Partners plc
    • the combination of its South and East African non-alcoholic, ready-to-drink bottling operations with those of SABMiller plc and Gutsche Family Investments in a joint venture with approximately $2.3 billion of gross assets and $2.9 billion of annual revenue
    • the tax-free split-off of the European bottling businesses of Coca Cola Enterprises (CCE), its 35 percent-owned, publicly traded subsidiary, resulting in Coca-Cola’s tax-free acquisition of 100 percent of CCE, which owns Coca-Cola’s North American bottling business
    • its $4.1 billion acquisition of Energy Brands d/b/a/ Glacéau
    • its acquisitions of Honest Tea and Fuze Beverage
    • the acquisition of its minority-owned, publicly traded Greek subsidiary, Coca-Cola Hellenic, by HBC, a Swiss corporation
  • Convera in its $910 million acquisition of Western Union Business Solutions
  • Dover Corporation in the tax-free spin-off of certain of its communication technologies businesses into a separate, publicly traded company called Knowles Corporation
  • DuPont de Nemours, Inc. in the $45.4 billion merger of its Nutrition & Biosciences business with International Flavors & Fragrances Inc. This was a reverse Morris trust transaction
  • E. I. du Pont de Nemours and Company 
  • Express Scripts, Inc. in its $4.7 billion acquisition of WellPoint, Inc.’s NextRx subsidiaries; and $29.1 billion acquisition of Medco Health Solutions, Inc., which was named Corporate Deal of the Year by Mergermarket at the Americas’ M&A Awards 2011
  • Joh. A. Benckiser, a holding company based in Germany, in its $1 billion acquisition of Peet’s Coffee & Tea, Inc.; and $340 million acquisition of Caribou Coffee Company, Inc.
  • Liberty Interactive Corporation in its:
    • tax-free split-off of Liberty Expedia Holdings, Inc.
    • acquisition and split-off of General Communication, Inc. This transaction was named Americas Media and Entertainment Tax Deal of the Year at International Tax Review’s Americas Tax Awards 2018
  • Liberty Media Corporation in:
    • the tax aspects of the $4.8 billion spin-off of its cable assets into a separate, publicly traded company. The new unit is called Liberty Broadband Corp.
    • its split-off of Atlanta Braves Holdings
    • its pending split-off of its 83% interest in SiriusXM, followed by a merger of Splitco with SiriusXM
  • Paul Allen, as principal shareholder of Charter Communications, Inc., in connection with the prearranged Chapter 11 bankruptcy cases of Charter Communications
  • TOM FORD in its acquisition by The Estée Lauder Companies Inc. at an enterprise value of $2.8 billion
  • Valeant Pharmaceuticals International in several transactions, including its $3.5 billion merger with Biovail Corporation; and $8.7 billion acquisition of Bausch & Lomb Inc.
  • Vulcan, Inc. in connection with the spin-off and $1 billion IPO of DreamWorks Animation SKG, Inc.
  • Yahoo! Inc. in the $4.5 billion sale of its operating business to Verizon Communications Inc.

Featured Articles

Skadden Lawyer Roundtable: The Evolving Regulatory Landscape

Skadden Lawyer Roundtable: The Evolving Regulatory Landscape

Learn More