Skadden and Fenwick Lead $3.5 Billion Scopely Acquisition of Niantic’s Gaming Business
In a significant transaction within the gaming and legal sectors, lawyers from Skadden, Arps, Slate, Meagher & Flom LLP and Fenwick & West LLP are directing a $3.5 billion acquisition deal. This deal involves Saudi-backed Scopely Inc. purchasing the gaming business of Niantic Inc., the renowned creator of Pokemon Go. This acquisition is poised to…