Cravath’s New York Office Moves to Two Manhattan West
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.
Deals & Cases
December 20, 2024
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
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 07, 2023
On April 5, 2023, Cravath partner Michael L. Arnold and of counsels William D. Podurgiel and Lisa M. Kohl conducted a virtual program for members of the Texas General Counsel Forum entitled “Navigating the New Rules for 10b5‑1 Plans and Insider Trading Related Disclosures.” The program examined the U.S. Securities and Exchange Commission’s recently adopted final rules related to Rule 10b5‑1 that limit the availability of the affirmative defense and include new disclosure requirements related to public companies’ insider trading policies. The program also described emerging best practices in insider trading policies.
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.
Deals & Cases
December 20, 2024
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
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 07, 2023
On April 5, 2023, Cravath partner Michael L. Arnold and of counsels William D. Podurgiel and Lisa M. Kohl conducted a virtual program for members of the Texas General Counsel Forum entitled “Navigating the New Rules for 10b5‑1 Plans and Insider Trading Related Disclosures.” The program examined the U.S. Securities and Exchange Commission’s recently adopted final rules related to Rule 10b5‑1 that limit the availability of the affirmative defense and include new disclosure requirements related to public companies’ insider trading policies. The program also described emerging best practices in insider trading policies.
Celebrating 200 years of partnership. In 2019, we celebrated our bicentennial. Our history mirrors that of our nation. Integral to our story is our culture.
Attorney Advertising. ©2024 Cravath, Swaine & Moore LLP.