We assisted in Thomas Nelson, Inc. (NYSE: TNM) enter into a definitive agreement to go private in a transaction led by InterMedia Partners VII, LP on behalf of itself and its managed funds and together with certain co-investors. The total consideration to be paid to Thomas Nelson stockholders and option holders was approximately $473 million. We served as counsel to Sam Moore, chairman of the board, and for many years Thomas Nelson’s CEO, and other members of the Moore family. Terms of the deal allowed Mr. Moore to cash in his stock holdings worth more than $62 million.
Thomas Nelson, based in Nashville, Tennessee, is a leading publisher and distributor of products emphasizing Christian, inspirational and family value themes.
InterMedia Partners VII, LP is a private equity investment firm that makes mid- to large-size investments in media companies.
This experience gained prior to joining Bass, Berry & Sims PLC.