Press Release

Cooley Advises JSM Acquisition in $800 Million Sale of San Diego Padres

August 29, 2012

San Diego, Calif. – August 29, 2012 – Cooley LLP announced today that it advised JSM Acquisition, the 49% owner of the San Diego Padres, in its $800 million sale to an investor group led by former Los Angeles Dodgers owner Walter O'Malley's four grandsons, Kevin and Peter O'Malley and Tom and Peter Seidler (the "O'Malley/Seidler Group").  JSM Acquisition is a partnership that was created three years ago to purchase the Padres from John Moores on an installment basis.  JSM Acquisition joined with Moores, the 51% owner, to sell the team.   Cooley has represented JSM Acquisition since its formation.

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