Cooley LLP announced today that it advised JSM Acquisition, the 49% owner of the San Diego Padres, in its $800 million sale to an investor group led by former Los Angeles Dodgers owner Walter O’Malley’s four grandsons, Kevin and Peter O’Malley and Tom and Peter Seidler (the “O’Malley/Seidler Group”). JSM Acquisition is a partnership that was created three years ago to purchase the Padres from John Moores on an installment basis. JSM Acquisition joined with Moores, the 51% owner, to sell the team. Cooley has represented JSM Acquisition since its formation.
San Diego-based partners Michael Levinson and Steve Przesmicki led the Cooley team advising JSM Acquisition. The team also included partners Bill Morrow, Susan Cooper Philpot and Gordon Atkinson.
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