Potter Anderson Serves as Delaware Counsel to Liberty Expedia in Acquisition by Expedia Group
Expedia Group, Inc. (EXPE) has entered into a definitive agreement to acquire Liberty Expedia Holdings, Inc. (LEXEA, LEXEB) in an all-stock deal that will simplify Expedia’s ownership structure. Holders of Liberty Expedia’s Class A and Class B shares will receive 0.360 shares of Expedia’s common stock for each Liberty Expedia share. The transaction is expected to close in the summer of 2019.
Potter Anderson’s team served as Delaware counsel to Liberty Expedia and included partners Michael Tumas and Michael Reilly and associates David DiDonato and Elizabeth Bucilla.
Lauren Kornsey, Senior Manager, Marketing and Business Development
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Potter Anderson & Corroon LLP is one of the largest and most highly regarded Delaware law firms, providing legal services to regional, national, and international clients. With more than 90 attorneys, the firm’s practice is centered on corporate law, corporate litigation, intellectual property, commercial litigation, bankruptcy, labor and employment, and real estate.