LAWFUEL – US Business & Law – Davis Polk &Wardwell is advising Bonnier AB on its acquisition, through its U.S. subsidiary Bonnier US Holding Inc. of Time4 Media, Inc. and The Parenting Group Inc. from Time Inc. Bonnier is a 200-year-old Swedish media company with operations in more than 20 countries. Time4 Media and The Parenting Group are publishers of special interest magazines, including Field & Stream, Outdoor Life, Yachting, Popular Science, MotorBoating, Parenting and Babytalk. The financial terms of the transaction were not disclosed.
The Davis Polk corporate team includes partner Phillip R. Mills and associates Aly El Hamamsy, Anthony Feo, Benjamin H. Klein and Shawn Thomas Richards (not yet admitted). Partner Barbara Nims and associates Bernice A. Grant and Tamar Y. Croog are providing employment advice. Partner Kathleen L. Ferrell and associates Neil Weinberg and Grace M. Lee are providing tax advice. Associates Frank J. Azzopardi and Matthew J. Bacal are providing intellectual property advice. Counsel Betty Moy is providing environmental advice. Associate Stephen M. Pepper is providing antitrust advice. Associate Josiah R. Madar is providing real estate advice. All members of the Davis Polk team work in the New York office.