Sidley Represents ZMC in Its US$186 Million Sale of 9 Story Media Group to Scholastic

Sidley is representing ZMC in the sale of its portfolio company 9 Story Media Group to Scholastic (NASDAQ: SCHL) for approximately US$186 million. 9 Story Media Group creates, produces, and distributes children’s programming. Scholastic’s investment in 9 Story Media Group includes all of the economic interest and a minority of voting rights. ZMC is a leading private equity firm comprised of experienced investors and executives who invest in and manage a diverse group of media, entertainment, communications, and technology enterprises.

The Sidley team is being led by Dan Clivner, Payom Pirahesh, and Cat Zhang (M&A and Private Equity), and includes Luke Ashworth, Karin Baca, and Victoria Spencer (M&A and Private Equity); Rachel D. Kleinberg, Jonathan Westreich, and Aaron Mitchell (Tax); Rusty Weiss and Daphne Chen (Technology and Life Sciences Transactions); Angela Fontana and Banks Bruce (Global Finance); James Lowe and Jamie Sadler (Antitrust and Competition); Lauren Gallagher, P.C. Wang, and Malaz Moustafa (Employee Benefits and Executive Compensation); Maureen Crough and Sarah Jehl (Environmental); Jen Fernandez and Kayla Scott (Global Arbitration, Trade and Advocacy); Scott Goldstein (Insurance); Cathryn Le Regulski and Sara Salmonson (Labor and Employment); Ash Nagdev and Denise Kara (Privacy and Cybersecurity); Keith Hayden Del Prete, Samuel Deddeh, and Jonathan Koh (Real Estate); and Eric Schwartz (Commercial Litigation and Disputes).