Qurate Retail’s Investment in Comscore

Baker Botts LLP advised Qurate Retail on the deal.

Comscore, Inc. (“Comscore” or the “Company”), a third-party source for planning, transacting and evaluating media across platforms, announced investments from Qurate Retail, Inc. (“Qurate”), Charter Communications, Inc. (together with its affiliates, “Charter”), and an affiliate of Cerberus Capital Management, L.P. (“Cerberus”). Specifically, Qurate, Charter, and Cerberus each will make a cash investment in exchange for shares of convertible preferred stock. Proceeds from the Investment will be used to retire the Company’s existing debt and significantly improve the Company’s financial flexibility and liquidity position.

The Baker Botts team included Samantha Crispin (Picture), Nicole Perez (Partner, New York), Beverly Reyes, Quentin Wiest, Emilie Heck, Deren Guidara, Robin Melman, Tamar Stanley, Josh Mandell, Peter Farrell, Paul Cuomo, Matt Adler, Robert Wann, Adorys Velazquez and Taylor Courtade.

Involved fees earner: Matthew Adler – Baker Botts; Taylor Courtade – Baker Botts; Paul Cuomo – Baker Botts; Peter Farrell – Baker Botts; Deren Guidara – Baker Botts; Samantha Hale Crispin – Baker Botts; Emilie Heck – Baker Botts; Josh Mandell – Baker Botts; Robin Melman – Baker Botts; Nicole Perez – Baker Botts; Beverly Reyes – Baker Botts; Tamar Stanley – Baker Botts; Adorys Velazquez – Baker Botts; Robert Wann Jr. – Baker Botts; Quentin Wiest – Baker Botts;

Law Firms: Baker Botts;

Clients: Qurate Retail;

Author: Ambrogio Visconti