Loeb & Loeb Guides Oprah in $43M Weight Watchers Deal - October 19, 2015

LOEB & LOEB

Description

While the announcement was short on the particulars of what Winfrey will bring to the table — instead generally noting that she’ll bring her expertise to help the company with future products and programs — the addition of Winfrey to Weight Watchers gave the company an immediate bump in the stock market. Weight Watchers was up about 105 percent as of Monday afternoon, trading at $13.92 per share. Winfrey was represented by a Loeb & Loeb team led by Marc Chamlin and Lloyd Rothenberg and featuring Giovanni Caruso, Alan Tarr, Marla Aspinwall, Douglas Masters, Nerissa Coyle McGinn and Griffin Doty. Weight Watchers was represented by a Simpson Thacher team led by Rob Spatt and Ken Wallach and featuring David Rubinsky and Brian Steinhardt. --Editing by Patricia K. Cole. All Content © 2003-2015, Portfolio Media, Inc .