Akin Gump Advises Credible Labs in Sale of Majority Stake to Fox Corp.

Fox Corporation has entered into a definitive merger agreement for the proposed acquisition of 67 percent of the equity in Credible Labs Inc., a leading consumer finance marketplace in the United States. A team from Akin Gump represented Credible Labs in the deal, which is valued at approximately $265 million.

David D’Urso, a partner in Akin Gump’s corporate practice, led the team advising Credible Labs. He was joined by senior counsel Eli Miller, counsel Timothy Clark and associate Natasha Burnett.