Press Release

Morgan Lewis Advises The New York Times in The Athletic Acquisition Agreement

January 07, 2022

NEW YORK, January 7, 2022: Morgan Lewis is representing The New York Times Company in an agreement to acquire The Athletic, a global digital subscription-based sports media business, for an all cash price of $550 million, subject to customary closing adjustments. The transaction is expected to close in the first quarter of 2022.

The Morgan Lewis team advising The New York Times Company included partners Russell Franklin and Howard Kenny and associate Caitlin Harrison.