Latham & Watkins Represents Cox Enterprises in Cox Communications’ Combination With Charter Communications

Charter Communications, Inc. (NASDAQ: CHTR) and Cox Communications announced that they have entered into a definitive agreement to combine their businesses in a transformative transaction that will create an industry leader in mobile and broadband communications services, seamless video entertainment, and high-quality customer service delivering powerful benefits for American employees, customers, communities, and shareholders. The proposed transaction values Cox Communications at an enterprise value of approximately US$34.5 billion based on, and at parity with, Charter’s recent enterprise value to 2025 estimated Adjusted EBITDA trading multiple.

Latham & Watkins LLP represents Cox in the transaction with a corporate deal team led by Chicago partner Bradley Faris and Washington, D.C. partner Victoria VanStekelenburg, with associates Brad Guest, Katie Connelly, Maddie Merkle, Paul Bowers, and Harrison Halberg. Advice was provided on communications matters by Washington, D.C. partners Matthew Brill and Elizabeth Park, with associate Michael Herman; on antitrust matters by Washington, D.C. partners Mandy Reeves and Lindsey Champlin and counsel Keith Klovers, with associates Evan Omi, Hanna Nunez Tse, and Ben Sterritt; on tax matters by Washington, D.C. partner Andrea Ramezan-Jackson and Houston partner Christine Mainguy, with associates Jeremiah Cowen and James Aldred; on executive compensation and benefits matters by Washington, D.C. partners David Della Rocca and Nikhil Kumar and New York partner Megan Alessi, with associate Bryce Williamson; on finance matters by Washington, D.C. partners Manu Gayatrinath and Melissa Fabian, with associate Laura Edwards; on capital markets matters by Washington, D.C. partners Jason Licht and Chris Bezeg, with associate Lucas Balchun; on intellectual property matters by Washington, D.C. partner Kieran Dickinson, with associate Kellye Quirk; and on real estate matters by New York partner Dara Denberg and San Diego counsel Achraf Farraj.