William D. Podurgiel's practice primarily encompasses advising on a wide variety of corporate governance matters and public reporting obligations, including disclosure and compliance matters and accounting restatements. In addition, Mr. Podurgiel has extensive experience on numerous mergers and acquisitions and capital markets transactions.
Mr. Podurgiel received a B.A. cum laude from the University of Pennsylvania in 2004 and a J.D. from the University of Texas School of Law in 2011, where he was an Executive Editor of the International Law Journal. Mr. Podurgiel joined Cravath in 2011 and was elected of counsel in 2022.
Mr. Podurgiel received a B.A. cum laude from the University of Pennsylvania in 2004 and a J.D. from the University of Texas School of Law in 2011, where he was an Executive Editor of the International Law Journal. Mr. Podurgiel joined Cravath in 2011 and was elected of counsel in 2022.
Education
-
J.D., 2011, The University of Texas School of Law
-
B.A., 2004, University of Pennsylvaniacum laude
Admitted In
- New York
Deals & Cases
February 18, 2025
Light & Wonder’s Acquisition of Grover Gaming’s Charitable Gaming Assets
On February 18, 2025, Light & Wonder, Inc. (“Light & Wonder”), the leading cross‑platform global games company, announced that it has entered into a definitive agreement to acquire the charitable gaming assets of Grover Gaming, Inc. and G2 Gaming, Inc. (together, “Grover Gaming”), a leading provider of electronic pull‑tabs for charitable gaming in the U.S., for total consideration of $850 million cash, subject to customary purchase price adjustments, and a four‑year revenue based earn‑out of up to $200 million cash. Cravath is representing Light & Wonder in connection with the transaction.
Deals & Cases
December 20, 2024
Cable One’s Strategic Partnership with Mega Broadband
On December 20, 2024, Cable One, Inc. (“Cable One”) announced that it has entered into definitive agreements to amend its strategic partnership with Mega Broadband Investments (“MBI”). The strategic partnership provides Cable One with a path for a potential acquisition of all the MBI equity it does not already own pursuant to put option and call option arrangements between Cable One and the other MBI equity holders. The purchase price payable by Cable One upon any exercise of the put option or call option will be determined based on MBI’s future performance and other factors. The transaction is valued at approximately $1.5 billion to $1.7 billion, inclusive of upfront payments made by Cable One and initial estimates of option exercise closing payments and related debt assumption, based on an assumed October 1, 2026 option exercise closing. Cable One is a leading broadband communications provider serving more than 1 million residential and business customers across 24 states. MBI is a leading provider of broadband services across the Southeast, Northwest and Mid‑South United States and offers an extensive range of broadband, fiber connectivity, cable television and voice services for commercial and residential customers. Cravath is representing Cable One in connection with this transaction.
Deals & Cases
August 08, 2023
Light & Wonder’s Acquisition of the Remaining Public Shares of SciPlay
On August 8, 2023, Light & Wonder, Inc. (“Light & Wonder”), a global leader in cross-platform games and entertainment, and SciPlay Corporation (“SciPlay”), a leading developer and publisher of digital games on mobile and web platforms, announced that they have entered into a definitive agreement under which Light & Wonder will acquire the remaining approximately 17% equity interest in SciPlay that it does not currently own for $22.95 per share in an all-cash transaction. Cravath is representing Light & Wonder in connection with the transaction.
Activities
April 14, 2025
Michael Arnold and Bill Podurgiel Speak at TGCF’s “Proxy Season Hot Topics - Evolving ESG and Shareholder Proposals” Program
On April 11, 2025, Cravath partner Michael L. Arnold and of counsel William D. Podurgiel participated in “Proxy Season Hot Topics - Evolving ESG and Shareholder Proposals,” a virtual program co‑hosted by Cravath and the Texas General Counsel Forum. The program reviewed key proxy season updates, including the impact of updated SEC guidance on ESG and shareholder engagement, responses to shareholder proposals under Staff Legal Bulletin 14M, updates to Schedule 13D and 13G reporting and new considerations in ESG disclosures.
William D. Podurgiel's practice primarily encompasses advising on a wide variety of corporate governance matters and public reporting obligations, including disclosure and compliance matters and accounting restatements. In addition, Mr. Podurgiel has extensive experience on numerous mergers and acquisitions and capital markets transactions.
Mr. Podurgiel received a B.A. cum laude from the University of Pennsylvania in 2004 and a J.D. from the University of Texas School of Law in 2011, where he was an Executive Editor of the International Law Journal. Mr. Podurgiel joined Cravath in 2011 and was elected of counsel in 2022.
Mr. Podurgiel received a B.A. cum laude from the University of Pennsylvania in 2004 and a J.D. from the University of Texas School of Law in 2011, where he was an Executive Editor of the International Law Journal. Mr. Podurgiel joined Cravath in 2011 and was elected of counsel in 2022.
Education
-
J.D., 2011, The University of Texas School of Law
-
B.A., 2004, University of Pennsylvaniacum laude
Admitted In
- New York
Deals & Cases
February 18, 2025
Light & Wonder’s Acquisition of Grover Gaming’s Charitable Gaming Assets
On February 18, 2025, Light & Wonder, Inc. (“Light & Wonder”), the leading cross‑platform global games company, announced that it has entered into a definitive agreement to acquire the charitable gaming assets of Grover Gaming, Inc. and G2 Gaming, Inc. (together, “Grover Gaming”), a leading provider of electronic pull‑tabs for charitable gaming in the U.S., for total consideration of $850 million cash, subject to customary purchase price adjustments, and a four‑year revenue based earn‑out of up to $200 million cash. Cravath is representing Light & Wonder in connection with the transaction.
Deals & Cases
December 20, 2024
Cable One’s Strategic Partnership with Mega Broadband
On December 20, 2024, Cable One, Inc. (“Cable One”) announced that it has entered into definitive agreements to amend its strategic partnership with Mega Broadband Investments (“MBI”). The strategic partnership provides Cable One with a path for a potential acquisition of all the MBI equity it does not already own pursuant to put option and call option arrangements between Cable One and the other MBI equity holders. The purchase price payable by Cable One upon any exercise of the put option or call option will be determined based on MBI’s future performance and other factors. The transaction is valued at approximately $1.5 billion to $1.7 billion, inclusive of upfront payments made by Cable One and initial estimates of option exercise closing payments and related debt assumption, based on an assumed October 1, 2026 option exercise closing. Cable One is a leading broadband communications provider serving more than 1 million residential and business customers across 24 states. MBI is a leading provider of broadband services across the Southeast, Northwest and Mid‑South United States and offers an extensive range of broadband, fiber connectivity, cable television and voice services for commercial and residential customers. Cravath is representing Cable One in connection with this transaction.
Deals & Cases
August 08, 2023
Light & Wonder’s Acquisition of the Remaining Public Shares of SciPlay
On August 8, 2023, Light & Wonder, Inc. (“Light & Wonder”), a global leader in cross-platform games and entertainment, and SciPlay Corporation (“SciPlay”), a leading developer and publisher of digital games on mobile and web platforms, announced that they have entered into a definitive agreement under which Light & Wonder will acquire the remaining approximately 17% equity interest in SciPlay that it does not currently own for $22.95 per share in an all-cash transaction. Cravath is representing Light & Wonder in connection with the transaction.
Activities
April 14, 2025
Michael Arnold and Bill Podurgiel Speak at TGCF’s “Proxy Season Hot Topics - Evolving ESG and Shareholder Proposals” Program
On April 11, 2025, Cravath partner Michael L. Arnold and of counsel William D. Podurgiel participated in “Proxy Season Hot Topics - Evolving ESG and Shareholder Proposals,” a virtual program co‑hosted by Cravath and the Texas General Counsel Forum. The program reviewed key proxy season updates, including the impact of updated SEC guidance on ESG and shareholder engagement, responses to shareholder proposals under Staff Legal Bulletin 14M, updates to Schedule 13D and 13G reporting and new considerations in ESG disclosures.
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