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Mergers & Acquisitions

  • April 28, 2025

    Exec 'Can't Believe' X Offers Itself As Place For Friends

    The Federal Trade Commission pressed executives and former leaders from X Corp., Strava, Pinterest and Reddit on Monday for all the things that distinguish their services from Meta Platforms Inc., painting Facebook and Instagram in D.C. federal court as effectively the only place to really connect with friends and family to show the social media giant's alleged monopoly.

  • April 28, 2025

    DOJ's Slater Outlines 'America First Antitrust' Priorities

    The head of the U.S. Department of Justice's Antitrust Division said Monday that robust antitrust enforcement meshes with conservative principles, and the agency's priorities will be on pocketbook issues and protecting individual liberty online.

  • April 28, 2025

    DOJ Wants Live Nation Case Split Between Liability, Damages

    The U.S. Department of Justice asked a New York federal court on Monday to split the case accusing Live Nation of quashing competition in the live entertainment industry by having a jury decide if the company violated antitrust law and the judge decide what remedies to impose.

  • April 28, 2025

    Tax Services Provider Andersen Files Confidential IPO Plans

    Tax and legal services provider Andersen Group Inc. said Monday it confidentially filed for an initial public offering, marking a first step toward going public amid market volatility that has largely frozen IPOs in recent weeks.

  • April 28, 2025

    Google Claims Row Delays Dormify's Ch. 11 IP Asset Sale

    A dispute over a $600,000 claim from Google led bankrupt dorm room furnishing retailer Dormify Inc. to delay approval of a sale of its intellectual property assets to Williams-Sonoma Inc. Monday to give the debtor time to resolve the conflict.

  • April 28, 2025

    'Shake & Bake': 4th Circ. Cites Ricky Bobby In NASCAR Ruling

    The Fourth Circuit on Monday called back to the satirical cult classic "Talladega Nights: The Ballad of Ricky Bobby" in finding the former owners of a NASCAR team must cover the cost of a settlement involving a bank lien on their charter after they sold it to new owners.

  • April 28, 2025

    Defense-Focused SPAC Kochav Files $220M IPO

    Defense- and aerospace-focused special purpose acquisition company Kochav Defense Acquisition has revealed plans to raise up to $220 million in an initial public offering, looking to list on the Nasdaq under the ticker symbol KCHVU.

  • April 28, 2025

    Nikola Seeks Court OK For $9M Climate-Credit Sale Process

    Electric truck maker Nikola Corp. has asked a Delaware bankruptcy judge to approve a sale process for environmental credits the company earned by selling zero-emission vehicles, saying it has secured an $8.97 million bid that will set a floor price for the assets.

  • April 28, 2025

    PE Giant TPG Snags Sabre's Hospitality Biz For $1.1B

    Travel industry-focused technology provider Sabre Corp., advised by Haynes Boone, on Monday announced plans to sell its Hospitality Solutions business to Davis Polk & Wardwell LLP-led private equity shop TPG in a $1.1 billion cash deal.

  • April 28, 2025

    Airbus To Acquire Assets Of Aircraft Parts Maker For $439M

    Airbus SE said Monday that it has finalized a deal for the global components operations of Spirit AeroSystems as part of a $4.7 billion takeover of the parts maker by aircraft manufacturing giant Boeing.

  • April 28, 2025

    Sullivan & Cromwell-Led Merck To Buy SpringWorks For $3.9B

    Merck KGaA said Monday it has agreed to acquire U.S. biotech company SpringWorks Therapeutics for $3.9 billion, as the German science and technology group aims to grow its cancer drug business and its global presence.

  • April 28, 2025

    Italy's Mediobanca Offers €6.3B For Rival Banca Generali

    Italian investment bank Mediobanca SpA said Monday that it plans to buy a domestic rival, Banca Generali SpA, for €6.3 billion ($7.1 billion), heating up consolidation in the country's banking sector.

  • April 25, 2025

    Judge Urges Creativity For Nonparties In Sprint Merger Row

    T-Mobile, a group of Verizon and AT&T subscribers and a host of nonparty mobile carriers and network operators must try again to hash out a creative yet reasonable way to shield confidential information from the nonparties' anticipated discovery in litigation challenging T-Mobile's merger with Sprint, an Illinois magistrate judge has said.

  • April 25, 2025

    Live Nation Investors Get 1st OK For $20M Eras Tour-Tied Deal

    Event ticketing giant Live Nation and its shareholders on Friday secured a California federal judge's initial green light for their proposed $20 million deal to end proposed class action claims alleging the company misled shareholders in the face of anticompetitive allegations involving its Ticketmaster subsidiary following its missteps selling tickets for pop star Taylor Swift's Eras Tour.

  • April 25, 2025

    SPAC Deals Are Buzzing Again Despite Tariff Turmoil

    Amid heavy volatility that has largely frozen traditional initial public offerings, deal teams are launching more special purpose acquisition companies, an alternative market to typical IPOs that so far has shown few ill effects from tariff-related uncertainty.

  • April 25, 2025

    EU Probing Universal Music's $775M Deal For Downtown

    European enforcers are reviewing a planned deal for Universal Music Group to buy Downtown Music Holdings for $775 million, after receiving a referral from competition authorities in Austria and the Netherlands.

  • April 25, 2025

    SPAC Raises $220M As It Eyes Partners In 'Disruptive' Sectors

    Inflection Point Acquisition Corp. III began trading on the Nasdaq on Friday as it pursues a merger with a company operating in "disruptive growth industries" in North America or Europe, which it said could include "innovative, technology-enabled" businesses.

  • April 25, 2025

    DoorDash Woos Deliveroo With $3.6B Acquisition Bid

    Deliveroo's board confirmed Friday that it received an indicative proposal from DoorDash Inc. for a potential cash offer to acquire the business at a price of 180 pence per share, while indicating that its board could recommend a deal to shareholders. 

  • April 25, 2025

    Sullivan & Cromwell Adds V&E Shareholder Activism Leaders

    Sullivan & Cromwell has added two seasoned corporate governance partners to its New York office, who most recently served as co-chairs of Vinson & Elkins' shareholder activism practice.

  • April 25, 2025

    Atkins Vows SEC Will Pursue 'Common-Sense' Crypto Policy

    The U.S. Securities and Exchange Commission's new Chair Paul Atkins told crypto industry experts on Friday that the SEC will work to establish a "fit-for-purpose" framework for digital assets, while industry participants urged a principles-based approach to cover its rapid innovation.

  • April 25, 2025

    Bradley Arant Adds Chamberlain Hrdlicka Corp. Pro In Texas

    Bradley Arant Boult Cummings LLP has bolstered its corporate and securities practice group with a partner in Houston who came aboard from Chamberlain Hrdlicka White Williams & Aughtry.

  • April 25, 2025

    Taxation With Representation: Dechert, Brown Rudnick

    In this week's Taxation With Representation, Boeing sells parts of its digital aviation solutions business to Thoma Bravo, Baker Tilly and Moss Adams join forces, Mobico sells its U.S. school bus business to I Squared Capital, and Apollo commits to a joint venture with Bullrock Energy Ventures.

  • April 25, 2025

    Fried Frank Guides StepStone On $705M Fund Close

    StepStone Group said on Friday it has raised $705 million for its fourth growth equity fund, part of its strategy targeting high-growth companies outside traditional venture capital, with legal guidance from Fried Frank Harris Shriver & Jacobson LLP.

  • April 25, 2025

    Nutter McClennen, Goodwin Steer $490M Mass. Banking Deal

    Eastern Bankshares Inc. has agreed to acquire HarborOne Bancorp in a $490 million deal steered respectively by Nutter McClennen & Fish LLP and Goodwin Procter LLP, expanding Eastern's regional banking footprint across Massachusetts and into Rhode Island.

  • April 25, 2025

    Slaughter And May Leads Coach Biz's $600M US Unit Sale

    Public transport operator Mobico Group PLC said Friday it has agreed to sell its U.S. school bus business to I Squared Capital, a private equity firm that specializes in infrastructure, in a transaction worth up to $608 million.

Expert Analysis

  • How Design Thinking Can Help Lawyers Find Purpose In Work

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    Lawyers everywhere are feeling overwhelmed amid mass government layoffs, increasing political instability and a justice system stretched to its limits — but a design-thinking framework can help attorneys navigate this uncertainty and find meaning in their work, say law professors at the University of Michigan.

  • Opinion

    US Steel-Nippon Merger Should Not Have Been Blocked

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    The Biden administration's block of the U.S. Steel and Nippon Steel merger on national security grounds was unconstitutional overreach and needs to be overturned, with the harms remedied in federal court, says attorney Chuck Meyer. 

  • Biden-Era M&A Data Shows Continuity, Not Revolution

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    While the federal antitrust agencies under former President Joe Biden made broad claims about increasing merger enforcement activity, the data tells a different story, with key claims under Biden coming in at the lowest levels in decades, say attorneys at Covington.

  • What Travis Hill's Vision For FDIC Could Portend For Banks

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    If selected to lead the Federal Deposit Insurance Corp. in a permanent capacity, acting Chairman Travis Hill is likely to prioritize removing barriers to innovation and institution-level growth, emphasizing the idea that eliminating rules, relaxing standards and reducing scrutiny will reinvigorate the industry, say attorneys at Mitchell Sandler.

  • Exploring China's 1st Administrative Merger Control Ruling

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    As the first judicial ruling in China's merger control regime, the Beijing Intellectual Property Court's recent upholding of Simcere's acquisition of Tobishi helps to clarify how the Chinese antitrust authority and court assess remedies, say attorneys at Tian Yuan Law Firm.

  • Series

    Competitive Weightlifting Makes Me A Better Lawyer

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    The parallels between the core principles required for competitive weightlifting and practicing law have helped me to excel in both endeavors, with each holding important lessons about discipline, dedication, drive and failure, says Damien Bielli at VF Law.

  • Opinion

    DOJ's Visa Suit Shows Pitfalls Of Regulating Innovative Tech

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    A policy of allowing free-market mechanisms to operate without undue interference remains the most effective way to foster innovation, and the U.S. Department of Justice's 2024 case against Visa illustrates the drawbacks of regulating innovative technology, says attorney Thomas Willcox.

  • How New SBA Rule May Affect Small Government Contractors

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    By limiting competition from larger entities, the Small Business Administration's recently published final rule may help some small government contractors, but these restrictions on set-aside work following a merger, acquisition or sale may also deter small businesses' long-term growth, say attorneys at Akerman.

  • Nippon Order Tests Gov't Control Over Foreign Investments

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    The U.S. government is primarily interested in restraining foreign transactions involving countries of concern, but former President Joe Biden’s January order blocking the merger of Nippon Steel and U.S. Steel shows that all foreign direct investments are under the federal government’s microscope, say attorneys at Blank Rome.

  • Opinion

    Inconsistent Injury-In-Fact Rules Hinder Federal Practice

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    A recent Third Circuit decision, contradicting a previous ruling about whether consumers of contaminated products have suffered an injury in fact, illustrates the deep confusion this U.S. Supreme Court standard creates among federal judges and practitioners, who deserve a simpler method of determining which cases have federal standing, says Eric Dwoskin at Dwoskin Wasdin.

  • In-House Counsel Pointers For Preserving Atty-Client Privilege

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    Several recent rulings illustrate the challenges in-house counsel can face when attempting to preserve attorney-client privilege, but a few best practices can help safeguard communications and effectively assert the privilege in an increasingly scrutinized corporate environment, says Daniel Garrie at Law & Forensics.

  • Series

    Collecting Rare Books Makes Me A Better Lawyer

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    My collection of rare books includes several written or owned by prominent lawyers from early U.S. history, and immersing myself in their stories helps me feel a deeper connection to my legal practice and its purpose, says Douglas Brown at Manatt Health.

  • Rethinking How To Engage Shareholders, Activists Via Proxies

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    ​​​​​​​This proxy season, companies should consider visually driven proxy statements that highlight the board's strengths, the alignment between executive compensation and performance, and a commitment to sustainability and risk management to earn the support of investors and fend off hostile acquirers, say Craig Clay and Ron Schneider at DFIN.

  • Tips For Pharma-Biotech Overlap Reporting In New HSR Form

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    While there’s no secret recipe for reporting overlaps to the Federal Trade Commission in the new Hart-Scott-Rodino Act form, there are several layers of considerations for all pharma-biotech companies and counsel to reflect on internally before reporting on any deal, say attorneys at A&O Shearman.

  • Opinion

    Judge Should Not Have Been Reprimanded For Alito Essay

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    Senior U.S. District Judge Michael Ponsor's New York Times essay critiquing Supreme Court Justice Samuel Alito for potential ethical violations absolutely cannot be construed as conduct prejudicial to the administration of the business of the courts, says Ashley London at the Thomas R. Kline School of Law of Duquesne University.

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