Davis Polk Advises Fandango on Its Acquisition of Ingresso.com
Davis Polk is advising Fandango in connection with its acquisition of Ingresso.com from B2W Companhia Digital, a Latin American e-commerce company. The financial terms of the transaction were not disclosed. The acquisition, subject to regulatory review and other customary closing conditions, is expected to close in the fourth quarter of 2015.
Fandango, a unit of NBCUniversal, is the leading provider of online and mobile movie tickets in the United States, reaching 42 million unique visitors per month. With more than six million registered customers, Ingresso.com is Brazil’s largest online and mobile movie ticketing service.
The Davis Polk corporate team includes partners William J. Chudd and Manuel Garciadiaz and associates Evan Rosen, Andrew D. Krause and Roderick G. Miller. Partner Kyoko Takahashi Lin and counsel Gillian Emmett Moldowan are providing executive compensation advice. Partner Avishai Shachar and associate Patrick E. Sigmon are providing tax advice. Associate David R. Bauer is providing intellectual property and technology advice. Members of the Davis Polk team are based in the New York and São Paulo offices.