Lauren Angelilli Speaks at the USC Gould School of Law 2022 Tax Institute

On January 20, 2022, Alliance Animal Health, a leading acquirer and operator of veterinary hospitals for companion animals, announced that it has received a significant growth investment from the Flagship Fund of L Catterton, a consumer‑focused private equity firm. LightBay Capital will retain a significant minority stake. Cravath is representing the founders of Alliance Animal Health in connection with the transaction.

On January 3, 2022, Cable One, Inc. (“Cable One”) announced it has formed Clearwave Fiber in partnership with GTCR LLC, Stephens Capital Partners LLC and The Pritzker Organization, L.L.C. Clearwave Fiber is a newly formed joint venture that holds Clearwave Communications and certain fiber assets of Hargray Communications. Clearwave Fiber intends to invest heavily in bringing fiber‑to‑the‑premise service to residential and business customers. Cravath is representing Cable One in connection with the transaction.

On October 28, 2021, ViacomCBS Inc. announced that ViacomCBS Networks International has entered into a definitive agreement to acquire a majority stake in Spanish language content producer Fox TeleColombia & Estudios TeleMexico from The Walt Disney Company (“Disney”) and the founding family of Fox TeleColombia & Estudios TeleMexico. ViacomCBS International Studios’ VIS will operate Fox TeleColombia & Estudios TeleMexico as a collaborative partnership with the founding family. Cravath is representing Disney in connection with the transaction.

On August 31, 2021, Ashland Global Holdings Inc. (“Ashland”), a specialty materials company that services customers in a wide range of consumer and industrial markets, announced that its wholly owned subsidiary, Ashland LLC, has signed a definitive agreement to sell its performance adhesives business to Arkema in an all‑cash transaction valued at approximately $1.65 billion. Cravath is representing Ashland in connection with the transaction.