Special Committee of RealNetworks, Inc. agrees to Take-Private Transaction with Founder, Chairman and CEO

King & Spalding advised the Special Committee of the Board of Directors of RealNetworks, Inc. (Nasdaq: RNWK), a Seattle, WA based company in the negotiation of a controlling shareholder take-private transaction with the company’s Founder, Chairman and CEO. Pursuant to the terms of the merger, upon closing, the company’s public shareholders will be entitled to receive $0.73 for each share of common stock.