Simpson Thacher Represents BMG Rights Management in First Add-on Acquisition
07.28.09
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The Firm is representing BMG Rights Management GmbH, the new music rights management joint venture of Bertelsmann AG and Kohlberg Kravis Roberts & Co., in connection with its first add-on acquisition of music publishing assets of affiliates of Crosstown Songs America, a company founded by CarVal Investors. The acquisition is subject to approval under applicable competition laws and other customary closing conditions.
The Simpson Thacher team includes: Mark Pflug, Wheatly Aycock and Susanne Lenz (M&A), James Cross, Kate Sinclair (Credit), David Vann and Andrew Dempster (Antitrust), and Meredith Jones and Seojung Park (Tax).