Eversheds Sutherland is pleased to announce that it represented Cox Enterprises on their agreement with funds managed by Apollo Global Management, LLC (Apollo) to buy a majority interest in Cox Media Group's broadcast television stations, including the company's radio, newspaper and TV properties in Ohio.

Cox Enterprises will maintain a minority stake and will join Apollo in forming a new company to operate these stations, which will be headquartered in Atlanta, Georgia.

Eversheds Sutherland’s Corporate Partners Marc Rawls, Matthew Block, David Phillips and Kathleen Blaszak led the deal team for Cox Enterprises with support from Corporate Associates Lucero Bello, Maria Rivera-Diaz, Caroline Wood, Erin Park and Kyle Brown and Staff Attorney Kyle Hunter.

Additional members of the core Eversheds Sutherland team advising Cox Enterprises included, Finance Partner Christina Rissler; Tax Partners Vanessa Scott, Meredith O’Leary, Taylor Kiessig, Robb Chase and Wes Sheumaker; and Tax Associates Deepa Menon, Laura Taylor, Robert Christoffel and Brian Tschosik.