WALL STREET PAYDAY: Banks could reap $100 million from the Discovery-Scripps deal

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Bourse traders pour champagne after the last trading day at Frankfurt's stock exchange in Frankfurt, Germany December 30, 2015. REUTERS/Ralph Orlowski

Thomson Reuters

A huge deal for these six investment banks.

Several Wall Street banks are set to split a $100 million payday from the deal between cable channel operators Discovery Communications and Scripps Networks Interactive.

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Discovery, which owns channels like Animal Planet and Discovery Channel, said Monday it will pay $14.6 billion to acquire Scripps, adding HGTV, Travel Channel, and Food Network to its roster.

Six banks - including boutiques Guggenheim Partners, Allen & Co., and Evercore - advised on the deal.

Guggenheim and Goldman Sachs advised Discovery, and they'll split the vast majority of about $45 million in fees, according to Jeffrey Nassof, director of consulting firm Freeman & Co.

UBS will take a small slice for advising Discovery shareholders rather than the company overall.

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Scripps' bankers, Allen & Co. and JPMorgan, will split the lion's share of an estimated $55 million in advisory fees, Nassof said.

Evercore will take a much smaller cut for advising the shareholders, primarily the Scripps family, which is one of the wealthiest families on earth with a fortune north of $7 billion.

Get the latest Goldman Sachs stock price here.

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