NEW YORK, May 5, 2022: Morgan Lewis has been recognized by Mergers & Acquisitions as counsel for The New York Times Co. in its acquisition of The Athletic Media Co., which was honored as the 2022 Middle-Market Deal of the Year for the media sector.
Morgan Lewis advised The New York Times Co. in its 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.