Viacom’s Combination with CBS

On August 13, 2019, Viacom and CBS Corp. (“CBS”), two of the world’s leading entertainment companies, announced they have entered into a definitive agreement to combine in an all‑stock merger, creating a combined company with more than $28 billion in revenue. Cravath is representing the Board Committee of Viacom in connection with the transaction.

The Cravath team is led by partner Faiza J. Saeed and includes associates Daniel J. Cerqueira, Jin‑Kyu Baek, Sandeep S. Chhabra, Ana Drmanovic, Kyra E. Ferber and Maria Ricaurte on M&A matters; partners Eric W. Hilfers and Jonathan J. Katz and associates Matthew J. Bobby, Sally Ye and Anna Mikaelyan on executive compensation and benefits matters; partners Stephen L. Gordon and Lauren Angelilli and associates Richard Bohm and Rory M. Minnis on tax matters; partner David J. Kappos and associates Kathryn‑Ann Stamm and F. Adam Abulawi on intellectual property matters; partner Matthew Morreale on environmental matters; and practice area attorney Brian M. Budnick on real estate matters.