Dewey & LeBoeuf is advising Central European Media Enterprises (CME) on Time Warner’s plan to purchase a 31% stake in the TV network operator. Wilkie Farr & Gallagher is representing Time Warner in the stake build. Time Warner will receive 14.5 million class A shares and 4.5 million class B shares in CME, with the deal expected to close by the end of Q2 this year pending shareholder approval.
March 26 2009
