News Releases

Baker Botts Represents Liberty Media in the Launch of a Corporate-Sponsored SPAC: Liberty Media Acquisition Corporation

Release

Deal Description: On November 19, 2020, Liberty Media Acquisition Corporation (“LMAC”), a newly formed special purpose acquisition company and an indirect wholly-owned subsidiary of Liberty Media Corporation (“Liberty”), filed a Registration Statement on Form S-1 with the Securities and Exchange Commission in connection with a proposed initial public offering of its units. LMAC will be managed by Liberty’s current management team and intends to search for a target in the media, digital media, music, entertainment, communications, telecommunications and technology industries.

The proposed public offering is expected to have a base offering size of $500 million, or up to $575 million if the underwriters’ over-allotment option is exercised in full.

Baker Botts Lawyers/Office Involved:

Corporate: Samantha Crispin (Partner, Dallas); Travis Wofford (Partner, Houston); Frederick McGrath (Partner, New York); Beverly Reyes (Partner, New York); Andrew Hwang (Associate, New York); John Kovacs (Associate, New York); Henry Klimowicz (Associate, New York) 

Tax: Tamar Stanley (Partner, Washington. D.C.); Peter Farrell (Senior Associate, Washington, D.C.)

For more information, please see Liberty Media’s news release by clicking here.

 

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