Mergers & Acquisitions

  • April 01, 2025

    Court Won't Toss FTC's Merger Penalty Case Against 7-Eleven

    A D.C. federal court refused to toss the Federal Trade Commission's case looking to hit 7-Eleven with a $77.5 million penalty for allegedly violating a merger settlement after rejecting arguments that only the U.S. Department of Justice can seek civil penalties for the commission.

  • April 01, 2025

    FDA Cuts Prompt Biotech Players To Rethink Deal Strategies

    Funding cuts at the U.S. Department of Health and Human Services are sending ripples of concern through the biotech industry, as attorneys advise companies to consider a wider breadth of strategic alternatives amid fears of regulatory delays.

  • April 01, 2025

    Paramount Investor Gets Partial Win In $8B Merger Doc Suit

    A top Paramount Global stockholder who sued for books and records on the company's proposed $8 billion acquisition by Skydance Media won Delaware Court of Chancery admission of dozens of documents Tuesday, with a rare, closed ruling to follow on confidentiality claims for other still-held-back records.

  • April 01, 2025

    3 Firms Guide MDA Space's $269M SatixFy Deal

    MDA Space said Tuesday it will acquire SatixFy Communications Ltd. at an equity value of approximately $193 million in a push by the Brampton, Ontario-based firm to bolster its end-to-end satellite systems offerings, with at least three law firms steering the deal.

  • April 01, 2025

    Oil & Gas Dealmakers Undaunted Despite Industry Worries

    The pace of overall mergers and acquisitions in the U.S. market has slowed this year amid uncertainty over tariffs and export policy, but dealmaking in the oil and gas industry is remaining steady thanks to increasing gas demand and relatively stable oil prices.

  • March 31, 2025

    Hooters Hits Ch. 11 With Plans For Restaurant Sales

    Restaurant chain Hooters filed for Chapter 11 protection in a Texas bankruptcy court late Monday with about $380 million in debt, saying it has reached a deal to shed its company-owned restaurants and trade debt for equity.

  • March 31, 2025

    9th Circ. Revives Investor Suit Over $8B Avalara Sale

    The Ninth Circuit on Monday partially revived a proposed class action accusing tax software company Avalara Inc. of underselling investors on its future prospects before taking the company private in an $8.4 billion deal.

  • March 31, 2025

    Vizio Stockholders Open Challenge To $2.3B Walmart Merger

    A Vizio Inc. stockholder launched a class challenge Monday to the smart-TV company's $11.50 per share, $2.3 billion, sale to Walmart Inc., accusing insiders — including Vizio CEO and controller William Wang — of wiring up a deal unfair to common stockholders.

  • March 31, 2025

    Caterpillar Escapes $100M Contract Breach Verdict

    A Delaware federal court on Monday vacated $100 million in damages awarded to a defunct equipment importer that accused Caterpillar of interfering with a contract, and also refused to order a new trial for antitrust claims against the manufacturer.

  • March 31, 2025

    Del. Legal Overhaul Won't Scuttle Key Rulings, Expert Says

    A longtime expert on Delaware's general corporation law disputed on Monday predictions that a recently signed legislative overhaul will upend dozens of important precedents in the state.

  • March 31, 2025

    FTC Chair Flags Data Risks In 23andMe Bankruptcy

    The Federal Trade Commission has added to the swell of privacy and security concerns surrounding the potential sale of sensitive consumer information swept up in the 23andMe bankruptcy, with the agency's Republican chair on Monday stressing the importance of data continuing to be protected in the way that users have been promised. 

  • March 31, 2025

    Ropes & Gray Guides Commonwealth On $2.7B Sale To LPL

    LPL Financial said Monday it has agreed to acquire Commonwealth Financial Network for approximately $2.7 billion, bringing together two top players in the independent wealth management space.

  • March 31, 2025

    Winston & Strawn Adds Goodwin Transactions Ace In LA

    Winston & Strawn LLP is boosting its transactions team, announcing Monday it is bringing in a Goodwin Procter LLP private equity expert as a partner in its Los Angeles office.

  • March 31, 2025

    Pierson Ferdinand Adds Taylor English Health Pro In Atlanta

    Pierson Ferdinand LLP announced Monday that it has hired a former Taylor English Duma LLP partner who specializes in mergers and acquisitions and also has sleep medicine expertise to strengthen its healthcare practice.

  • March 31, 2025

    Calif. Pot Co. Seeks Receivership, Blames Merger 'Disaster'

    A cannabis producer in California has moved to enter receivership in state court, disclosing more than $173 million in liabilities and saying a 2023 merger with its parent company proved to be a "financial disaster."

  • March 31, 2025

    Investor Hits Solaris With Suit Over Merger Details

    Houston-based oil and gas company Solaris Energy Infrastructure Inc. misled investors about the value of a mobile turbine rental business it acquired last year, according to a proposed class action filed Friday.

  • March 31, 2025

    Wachtell, S&C Build Mechanics Bank, HomeStreet Merger

    Wachtell Lipton Rosen & Katz LLP-advised Mechanics Bank on Monday announced plans to merge with Sullivan & Cromwell LLP-led HomeStreet Bank in a deal that will create a combined company with 168 branches and $23 billion in assets.

  • March 31, 2025

    Aston Martin Sells F1 Stake, Chairman Boosts Investment

    Aston Martin said Monday that it is selling its stake in its Formula One team for approximately £74 million ($96 million) and will receive another £52.5 million from the company's executive chairman, who is increasing his stake in the British luxury car manufacturer.

  • March 31, 2025

    Paul Weiss Guiding Rocket On $9.4B Mr. Cooper Buy

    Online mortgage giant Rocket said Monday it has agreed to acquire rival Mr. Cooper Group in an all-stock transaction valued at $9.4 billion, with Paul Weiss advising Rocket and Wachtell Lipton and Bradley Arant representing Mr. Cooper.

  • March 31, 2025

    EQT Joins $5.5B Bid For Swedish Software Co. Fortnox

    Swedish private equity firm EQT said Monday that it has joined forces with the chair of Fortnox AB to make a takeover offer for the Swedish accounting software company, valuing it at 54.9 billion Swedish kronor ($5.5 billion).

  • March 31, 2025

    Apollo Biz's £1B Offer For Auto-Parts Maker Nears Completion

    Auto-parts maker and supplier TI Fluid Systems said Monday that the necessary procedures behind its takeover for more than £1 billion ($1.3 billion) by a Canadian rival, ABC Technologies Inc., goes ahead are "almost complete."

  • March 28, 2025

    Musk Says His Artificial Intelligence Co. Acquired X For $45B

    Elon Musk said Friday that his artificial intelligence company xAI acquired his social media platform X in an all-stock deal for $45 billion, saying that the futures of the high-profile companies are now "intertwined."

  • March 28, 2025

    AI Startup CoreWeave's Tepid Debut Chills IPO Enthusiasm

    Artificial intelligence startup CoreWeave Inc.'s skittish debut following a scaled-down initial public offering chills recovery hopes for an IPO market that was already wobbly, though experts say viable candidates are waiting to strike if conditions stabilize.

  • March 28, 2025

    NY Ski Resort Co. Appealing Court's Antitrust Ruling

    A New York ski resort operator told a state court on Friday that it's appealing the state's victory in its antitrust suit, which alleged that the operator purposefully closed a local competitor after acquiring it.

  • March 28, 2025

    PE Firm Hits Back Against Medical Device Coating Challenge

    Private equity firm GTCR BC Holdings LLC told a Federal Trade Commission in-house judge Friday the commission has a warped view of the medical device coatings market, as the firm fights a bid to block its $627 million acquisition of Surmodics Inc.

Expert Analysis

  • FTC Focus: Avoiding 'Gun Jumping' Violations

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    The Federal Trade Commission's recent record $5.6 million "gun jumping" enforcement action against XCL Resources, EP Energy and Verdun Oil sends a clear message about the seriousness of violations of the Hart-Scott-Rodino Act's premerger requirements, and highlights compliance tips such as avoiding premature integration of operations, say attorneys at Proskauer.

  • Losing A Motion To Dismiss Ruling Isn't Necessarily The End

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    A recent Delaware Court of Chancery ruling, that the Manti Group had not demonstrated any conflicts of interest favoring private equity fund operator The Carlyle Group, serves as an important reminder that a decision on a pleading motion is not the end of the story, say attorneys at Sidley.

  • Imagine The Possibilities Of Openly Autistic Lawyering

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    Andi Mazingo at Lumen Law, who was diagnosed with autism about midway through her career, discusses how the legal profession can create inclusive workplaces that empower openly autistic lawyers and enhance innovation, and how neurodivergent attorneys can navigate the challenges and opportunities that come with disclosing one’s diagnosis.

  • Top 10 Healthcare And Life Sciences Issues To Watch In 2025

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    Under the new Trump administration, this coming year may benefit some healthcare and life sciences stakeholders, while creating new challenges for others amid an increasingly complex regulatory environment, say attorneys at Debevoise.

  • Series

    Documentary Filmmaking Makes Me A Better Lawyer

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    Becoming a documentary filmmaker has allowed me to merge my legal expertise with my passion for storytelling, and has helped me to hone negotiation, critical thinking and problem-solving skills that are important to both endeavors, says Robert Darwell at Sheppard Mullin.

  • Litigation Funding Disclosure Debate: Strategy Considerations

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    In the ongoing debate over whether courts should require disclosure of litigation funding, funders and plaintiffs tend to argue against such mandates, but voluntarily disclosing limited details about a funding arrangement can actually confer certain benefits to plaintiffs in some scenarios, say Andrew Stulce and Marc Cavan at Longford Capital.

  • Top Considerations For Insurance Companies In 2025

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    As insurance industry participants look to plan for the year, regulatory changes, climate-related challenges, the ongoing effects of social inflation and the potential for significant mergers and acquisitions will be among the key items for insurer boards and management to have on their radar, say attorneys at Debevoise.

  • Del. Dispatch: Lessons From Failed Albertsons-Kroger Merger

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    The allegations in Albertsons' lawsuit against Kroger following the grocery stores' blocked merger demonstrate how a target company can best ensure that a buyer timely and effectively complies with its obligations to pursue the necessary regulatory approvals for a deal, say attorneys at Fried Frank.

  • Series

    Adventure Photography Makes Me A Better Lawyer

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    Photographing nature everywhere from Siberia to Cuba and Iceland to Rwanda provides me with a constant reminder to refresh, refocus and rethink the legal issues that my clients face, says Richard Birmingham at Davis Wright.

  • How Views On Healthcare Price Transparency Are Changing

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    Regulators' attitudes toward price transparency regulation have shifted over the past several years in ways that may seem contradictory, and research into detailed rate information published by hospitals and health plans has yielded mixed results, says Matthew List at Charles River Associates.

  • The 5 Most Important Bid Protest Decisions Of 2024

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    The U.S. Court of Appeals for the Federal Circuit, the Court of Federal Claims and the Government Accountability Office issued five noteworthy bid protest decisions in 2024 that will likely have a continuing impact on questions concerning standing, timeliness, corporate transactions and more, say attorneys at Bradley Arant.

  • 5 Ways To Create Effective Mock Assignments For Associates

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    In order to effectively develop associates’ critical thinking skills, firms should design mock assignments that contain a few key ingredients, from messy fact patterns to actionable feedback, says Abdi Shayesteh at AltaClaro.

  • Overseas Investment Rule Calls For Compliance Caution

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    Investors should be leery of who and what they are investing in now that the federal outbound investment regime, effective Jan. 2, has extended the governement's regulatory reach to businesses and parties not previously subject to trade restrictions, says Thaddeus McBride at Bass Berry.

  • Recent Suits Show Antitrust Agencies' Focus On HSR Review

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    The U.S. Department of Justice's suit this month against KKR for inaccurate and incomplete premerger filings, along with other recent cases, highlights the agency's increasing scrutiny of Hart-Scott-Rodino Act compliance for private equity firms, say attorneys at Willkie.

  • The 7th Circ.'s Top 10 Civil Opinions Of 2024

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    Attorneys at Jenner & Block examine the most significant decisions issued by the Seventh Circuit in 2024, and explain how they may affect issues related to mass arbitration, consumer fraud, class certification and more.

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