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Investor group to acquire majority stake in Skype

  • Paul, Weiss, Rifkind, Wharton & Garrison LLP
  • -
  • USA
  • -
  • September 4 2009

Four months after announcing plans to spin-off its Skype Internet phone business, eBay agreed this week to sell a 65 stake in the unit to an investment group led by private equity firm Silver Lake Partners for $2.75 billion in cash and bonds

Time Warner plans spin-off for AOL

  • Paul, Weiss, Rifkind, Wharton & Garrison LLP
  • -
  • USA
  • -
  • May 1 2009

In a quarterly report submitted to the Securities and Exchange Commission on Wednesday, Time Warner (TW) disclosed that it would “initiate a process to spin-off one or more parts of the businesses of AOL to Time Warner’s stockholders, in one or more series of transactions” that have yet to be approved by the TW board of directors