Weil Advises Getty Images in its $4.8B Business Combination with CC Neuberger Principal Holdings II

Weil is advising Getty Images Inc., a preeminent global visual content creator and marketplace, in its $4.8 billion business combination with CC Neuberger Principal Holdings II, a SPAC formed by a partnership between CC Capital and Neuberger Berman. Upon closing of the transaction, a newly formed parent company of Getty Images Inc. will become a publicly traded company, and its common stock is expected to be listed on the New York Stock Exchange under the symbol “GETY.” The transaction is expected to close in the first half of 2022, subject to customary closing conditions.

The Weil team advising Getty Images Inc. is led by Mergers & Acquisitions/Private Equity Partner Kyle Krpata and includes Private Equity counsel Mei Dan and Private Equity associates Samuel FubaraMan Chi Wong and Yurui Chen. The team also includes Mergers & Acquisitions partner James R. Griffin; Mergers & Acquisitions associates Austin Freeman and Yoon Hoo Lee (Not Yet Admitted in Texas); Capital Markets partner Heather Emmel; Capital Markets associates Julia WelchShelby Stanton and Sakshi Sharma (Admitted in Canada Only); Tax partners Helyn Goldstein and Chayim Neubort; Tax associate Carlos Parra; Executive Compensation & Benefits partner Amy Rubin; Executive Compensation & Benefits counsel Steven Margolis; Executive Compensation & Benefits associate Radhika Tahiliani; Public Company Advisory Group partner P.J. Himelfarb; Technology & IP Transactions/Privacy partner Charan Sandhu; Technology & IP Transactions/Privacy associates Phillip GrudzinaDavid MerckMaryann Thompson and Dominic Farchione; Banking & Finance partner Gabriel Gregson; Banking & Finance associate Dylan Scher; Regulatory Transactions partner Shawn Cooley; Regulatory Transactions associate Nathan Cunningham; Antitrust partner Vadim Brusser; Antitrust associate Dan Nobil; Employment Litigation partner Gary Friedman; and Employment Litigation associate Lauren Richards.