Latham & Watkins Advises McClatchy in Merger With accelerate360

McClatchy, a local news and information company, successfully completed the merger with accelerate360, a distribution, logistics, and media company. The combined enterprise will operate under the name McClatchy Media Company (MMC), and is majority owned by Chatham Asset Management. MMC combines local journalism with lifestyle and entertainment content and retail distribution, resulting in a portfolio of news, lifestyle, and entertainment brands reaching over 100 million unique visitors a month, alongside a distribution network offering delivery to over 56,000 retail locations weekly.

Latham & Watkins LLP advised McClatchy in the transaction with a New York-based capital markets team led by partner Michael Saliba, with associates Robyn Sablove and Rachel Moore, and a Houston-based corporate team led by partners Ryan Maierson and Kevin Richardson, with associates Ziyad Barghouthy, Kevin Donovan, Eugenio Ascanio Carrera, Alexandra Cumberland, and Harrison Little. Advice was also provided on finance matters by Houston counsel Bryce Kaufman, with associate Eugenio Cardenas; on real estate matters by New York partner Dara Denberg, with associate Thomas Ficchi; on benefits and compensation matters by New York counsel Rifka Singer, with associate Robin Hellebrekers; on labor and employment matters by Chicago partner Nineveh Alkhas, with associates Jane Jeong and Imara Joroff; on intellectual property matters by New York partner Jeffrey Tochner, with associate Sebastian Moss; on environmental matters by Houston/Los Angeles partner Joshua Marnitz, with associate Brandon Kerns; on tax matters by New York partner Matthew Dewitz, with associate Arash Lotfi; on antitrust matters by Washington D.C. partner Peter Todaro, with associate Ben Bouwman; and on data privacy matters by Houston/Austin counsel Robert Brown, with associate Sarah Zahedi.