Paul Hastings Wins National M&A Award for Advising Marvel Entertainment on $4 Billion Sale to The Walt Disney Company
New York, NY (December 17, 2010) - Paul Hastings LLP, a leading global law firm, announced today that the firm was awarded M&A Advisors' Media, Entertainment or Telecom Award deal of the year for deals over $500 million for advising Marvel Entertainment, Inc. on its $4 billion sale to The Walt Disney Company. Additionally, Paul Hastings was a finalist in the "Magnus Deal of the Year" category, for deals over $1 billion, for the same deal.
The Disney Marvel transaction represented one of the largest and most complex deals of 2009. The transaction was structured as a cash and stock, tax-free double merger, whereby Disney acquired ownership of Marvel, including its portfolio of more than 5,000 Marvel characters for US$4 billion.
The M&A Advisor Awards annually recognize the leading M&A dealmakers in the nation. Winners were selected from 234 finalists in 47 categories by an independent group of expert judges that span the M&A industry.
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