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Sprint Nextel Corp. is merging its wireless broadband unit with Clearwire Corp. in a $14.5 billion deal. Intel Corp., Google Inc., Comcast Corp., Time Warner Cable Inc. and Bright House Networks are investing $3.2 billion collectively in the new company. Fresh out of our reporters' hands, here is a highlight of the advisers working on the deal.
Sprint's investment bankers are Eric Medow, Niraj Shah, Rosanne Kurmaniak and Ari Glazer from Citigroup Inc., and Barry Boniface from Lehman Brothers Inc. Sprint hired legal counsel from King & Spalding LLP and Jones Day.
The target hired investment bankers Thomas Wayne and James Murray of Morgan Stanley as well as advisers from J.P. Morgan. Legal advice for Clearwire came from Julie Weston, Sarah Tune, Jim Wreggelsworth, Jay Hull, Dan Waggoner, Heather Wight-Axling, John Baier, Mohsen Manesh and Kevin Tu of Davis Wright Tremaine LLP. More legal counsel was sought from Joshua Korff, Jeffrey Symons, Greer Phillips, Scott Price, Katherine Heptig, Joseph Serino, Stephen Fraidin, Christopher Kitchen and Sara Zablotney from Kirkland & Ellis LLP. The full list of all of the advisers on the deal is available to subscribers of The Daily Deal and Merger Arb Alert. - The editors See Dealscape's: Dealwatch: Sprint Nextel See Dealscape: Sprint Nextel continues to restructure See Dealscape: Latest Comcast rumor: Interested in Clearwire buy Categories Deal Video
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