KERA Completes Acquisition of The Denton Record-Chronicle
Vinson & Elkins advised North Texas Public Broadcasting, Inc. (“KERA”) on the purchase of The Denton Record-Chronicle, the primary source of local news in Denton County, Texas.
As part of the acquisition through a wholly owned subsidiary, the newspaper has converted to a nonprofit, within the KERA ecosystem, which also includes KERA TV, KERA News, KXT 91.7, and WRR 101.1. KERA first announced it was in the early stages of discussions to obtain the paper last year. The transaction signed and closed on August 7th, 2023.
The Vinson & Elkins team was led by partner Chris Rowley, with assistance from senior associate John Sager, and associates Nina Ramachandran, Dean Dixon and Janae Wilson. Also advising were partner David Peck and associate Katie Dillard; partner Courtney Hammond and senior associate Callie Poorman; counsel Rajesh Patel and associate Haley Titcomb; partner Shane Tucker and associate Roxy Barbera; partner Becky Baker and associate Peter Goetschel; partner Jordan Leu and associate Britton Taubenfeld; counsel Lindsay Hall and associates Kelly Rondinelli and Simon Willis; partner Brad Foxman; and associates Lily Marrs and Alex Moosariparambil.
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