Experience

Troy R. Braegger is Senior Counsel in the firm's Denver office. His practice focuses on U.S. and cross-border joint ventures, mergers and acquisitions. He is fluent in Spanish, and his practice often includes preparation and review of Spanish-language transaction documents.

Mr. Braegger regularly structures, negotiates and advises clients on international joint ventures, mergers and acquisitions, and other cross-border investments. Some transactions in which he has acted include:

• USD 260,000,000 acquisition of Metrópolis-Intercom S.A., a Chilean broadband, telephony and cable television company, by VTR GlobalCom S.A., including a 104,828,250,000 Chilean peso denominated (USD 197,500,000) bank facility.
• USD 243,000,000 sale of a group of Argentine cable television companies by UnitedGlobalCom (f/k/a United International Holdings).
• USD 80,000,000 leveraged buyout of Pilkington’s worldwide contact lens products business by Wesley-Jessen and one of its venture capital shareholders.
• USD 60,000,000 sale of a majority interest in Grupo Telecable, a group of Mexican broadband, telephony and cable television companies, by UnitedGlobalCom.
• USD 51,000,000 acquisition of the operating assets and liabilities of the automotive interior trim division (the Gulfstream Division) of O’Sullivan Corporation by Automotive Industries.
• USD 10,000,000 sale of a minority interest in a group of Venezuelan cable television companies by UnitedGlobalCom.
• USD 4,000,000 acquisition of a Canadian travel company by Navigant International.
• USD 4,000,000 sale of a minority interest in a Peruvian cable television company by UnitedGlobalCom.
• USD 3,000,000 sale of a majority interest in Supercable, a group of Venezuelan and Colombian cable television companies, by Adelphia Communications.
• USD 2,300,000 acquisition of an interest in certain Ecuadorian wireless telecommunications companies by Formus International.
• USD 2,000,000 acquisition of a privately held U.S. software company by Automotive Industries.
• USD 1,300,000 sale of an interest in a group of Ecuadorian wireless telecommunications companies by Formus International.
• UnitedGlobalCom merger and restructuring transaction with Liberty Media Corporation and certain of its affiliates, in which Liberty contributed to UnitedGlobalCom notes issued by two of UnitedGlobalCom’s Dutch subsidiaries having an approximate accreted value of USD 891,000,000, USD 200,000,000 in cash, and approximately USD 1,400,000,000 and Euro 263,100,000 face amount of senior notes and senior discount notes issued by certain of UnitedGlobalCom’s Dutch subsidiaries. In addition, UnitedGlobalCom also acquired from Liberty approximately USD 751,000,000 aggregate principal amount at maturity of 10 3/4% senior secured discount notes of UnitedGlobalCom’s predecessor, as well as 33.33% of the common stock, together with certain preferred stock, debt and convertible debt of Liberty’s subsidiary IDT United, which represented all of Liberty's interest in IDT United. The purchase price for the notes and the interest in IDT United was (a) UnitedGlobalCom’s assumption of approximately USD 305,000,000 of indebtedness owed by Liberty to UnitedGlobalCom’s predecessor, (b) cash in the amount of approximately USD 129,000,000, and (c) a promissory note to Liberty in the amount of approximately USD 17,000,000.
• Share exchange between Liberty Media Corporation and certain founding shareholders of UnitedGlobalCom, in which the UnitedGlobalCom founding shareholders exchanged certain of their UnitedGlobalCom shares for Liberty shares and cash.
• UnitedGlobalCom business combination transaction with Liberty Media International and Liberty Global, in which Liberty Global became the new parent of both UnitedGlobalCom and Liberty Media International and which resulted in Liberty Global becoming one of the largest broadband services companies in the world.
• Navigant International spin-off from U.S. Office Products, including coordination of transfers of several U.S., Canadian and U.K. subsidiaries.
• UnitedGlobalCom multiple restructurings of its interest in Grupo Telecable, a group of Mexican broadband, telephony and cable television companies.
• CompleTel LLC restructuring of its Dutch, French, German, U.K. and U.S. telecommunications subsidiaries.
• Represented U.S. citizens in their ownership of an Argentine company, a restructuring of the company’s capital structure, and the company’s ongoing compliance with local law.
• Represented U.S. citizens in their ownership of a Costa Rican company, a restructuring of the company’s capital structure, and the company’s ongoing compliance with local law.

Publications

Cross-Border Mergers and Acquisitions: What You Should Know About Foreign Investment in the United States and National Security Considerations (06/09)

Professional & Community Affiliations

Mr. Braegger is admitted to practice in Colorado, and is a member of the Colorado Bar Association.

B.Y.U. Law Review, 1993-1994, including executive editor, 1994.