News & Events

Simpson Thacher is representing PRIMEDIA Inc. in connection with the proposed acquisition of PRIMEDIA Inc. by investment funds affiliated with TPG Capital in a transaction valued at approximately $525 million.  KKR & Co. hold approximately 58% of the outstanding PRIMEDIA common stock and have executed a written consent approving the transaction. The transaction is subject to customary closing conditions, including, among other things, expiration or termination of the waiting period under Hart-Scott-Rodino. 

PRIMEDIA helps millions of consumers nationwide find apartments, houses for rent or new homes for sale through its innovative Internet, mobile and print solutions, such as ApartmentGuide.com, NewHomeGuide.com and Rentals.com.

The Simpson Thacher team working on this deal includes:  Gary Horowitz, Kevin Lehpamer, Jose Grajales and Ariana Cooper (M&A); Tyler Andersen (Executive Compensation and Employee Benefits); Steve Todrys and Adam Wells (Tax); Michael Naughton and Kenneth Ehrhard (Antitrust); and Lori Lesser and Parijat Sharma (Intellectual Property).