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Freshfields Advises BuzzFeed on its Sale of First We Feast

Freshfields advised BuzzFeed, Inc. on its sale of First We Feast and related sub-brands, including the internet show, "Hot-Ones", to Feast Opco LLC, a subsidiary of Soros Fund Management. The transaction closed on December 11, 2024.

The Freshfields team was led by partners Valerie Ford Jacob and Paul Humphreys, senior associate Max Sanders, associates Simon TriskMaria Koroleva and Esosa Asemota on corporate and M&A matters; partners Michael Levitt, Kyle Lakin and Madlyn Primoff and associates Kate Kim, Yunah Ko, Ali Muffembier and Hadar Tanne on certain liability management matters, including debt negotiations with existing Noteholders and amendments to an existing indenture, and negotiations with alternative financing sources; partner Mena Kaplan, senior associate Marissa Yu and associate Olivia Luongo on IP matters; partner Lori Goodman and associate Lina Zhu on executive compensation and benefits matters; partner Joe Soltis, senior associate Courtney Canning, and associate Hannah Golden on tax matters; counsel Jeremiah Nelson on real estate matters; partner Christine Lyon and associate Christine Chong on data privacy & security matters; partner Doru Gavril and senior associate Elena Hadjimichael on corporate governance matters; partner Gayle Klein on litigation matters; and partner Jenn Mellott, special counsel Meytal McCoy and associate Sam Fulliton on antitrust matters.