Try our Advanced Search for more refined results
Mergers & Acquisitions
-
April 03, 2025
Critics Fail To Pinpoint Verizon, Frontier Deal Harm, FCC Told
A telecommunications network industry group is telling the Federal Communications Commission that Verizon's $20 billion acquisition of Frontier Communications could present an opportunity to address broader industry issues if the commission takes certain steps to require internet protocol interconnection and end access charges for certain elements of traditional telephone infrastructure.
-
April 03, 2025
Skadden Steers $1.5B Deal For SunnyD, Juicy Juice Maker
Skadden-led Castillo Hermanos said Thursday it has agreed to purchase Brynwood Partners portfolio company Harvest Hill Beverage Co., whose brands include SunnyD, Juicy Juice and Little HUG, in a reported roughly $1.5 billion deal.
-
April 03, 2025
'No Serious Question' Federal Firings Broke Law, Justices Told
Federal employee unions and advocacy groups urged the U.S. Supreme Court on Thursday to reject the Trump administration's bid to pause a California court order reinstating tens of thousands of probationary workers fired from six agencies, arguing the government can't escape self-inflicted harms brought on by its allegedly unlawful actions.
-
April 03, 2025
Amazon Bids For TikTok As US Ban Nears, And More Rumors
Amazon has emerged as a last-minute bidder for TikTok, which faces a looming ban in the United States if the popular video app is not separated from its own Chinese owner, while two of China's biggest automakers are pursuing a merger and Brookfield Asset Management is finalizing a deal to acquire Colonial Pipeline Inc. for more than $9 billion.
-
April 03, 2025
Former Jones Day Partner Joins Sidley Austin's M&A Practice
Former Jones Day partner George Hunter has jumped ship to join Sidley Austin LLP's mergers and acquisitions practice in the global law firm's New York office.
-
April 03, 2025
Cango Selling China Biz For $352M In Bitcoin Mining Push
Cango Inc. said Thursday it has agreed to sell its existing business in China to Ursalpha Digital Ltd. for roughly $352 million in cash, as the company looks to transition from its Chinese automotive roots to focus on its growing international cryptocurrency operations.
-
April 03, 2025
TowneBank Acquires Old Point In $203M Deal
Wachtell Lipton Rosen & Katz-led TowneBank on Thursday announced plans to acquire Old Point Financial Corp., advised by Troutman Pepper Locke LLP, in a $203 million deal.
-
April 03, 2025
CMS-Led Real Estate Biz Puts In £1.5B Rival Bid For Assura
Primary Health Properties PLC said Thursday that it has made a rival bid of £1.5 billion ($2 billion) to acquire another U.K. real estate manager, Assura, which would create the eighth-largest real estate investment trust listed in London.
-
April 02, 2025
QuantumScape, SPAC Brass Settle Merger Suit For $8.75M
QuantumScape Corp., its directors and officers and the special-purpose acquisition company that took the lithium-metal battery maker public agreed to an $8.75 million settlement resolving a stockholder derivative suit that alleged the SPAC's brass breached their fiduciary duties in connection with the go-public merger, a Wednesday stipulation states.
-
April 02, 2025
Hooters Can Tap $5M Of Its $40M In Proposed Ch. 11 Loans
Bankrupt restaurant chain Hooters of America LLC can access $5 million in interim financing from a $40 million debtor-in-possession package from its prepetition lenders as it transitions to a franchise-only model, a Texas bankruptcy judge said Wednesday.
-
April 02, 2025
Trump Media Refiles President's Shares For Potential Sale
Trump Media and Technology Group Corp. on Wednesday filed papers to reregister for sale some 114 million shares held by President Donald Trump worth more than $2 billion, though the company says there are no imminent plans to sell the shares.
-
April 02, 2025
Serial Acquisitions Are Still On The FTC's Radar
The previous administration's focus on private equity firms making serial acquisitions in the same industry may continue under the Federal Trade Commission's new leadership, an agency official said Wednesday.
-
April 02, 2025
Insurer Says $9M OpenText Merger Settlement Not Covered
An insurer said it is not obligated to contribute to a $9 million settlement in a shareholder class action stemming from Covisint's 2017 merger with software company OpenText, telling a Michigan federal court that the settlement does not constitute a covered loss.
-
April 02, 2025
Siemens Buying Scientific Software Co. Dotmatics For $5.1B
Siemens AG said Wednesday it has agreed to acquire scientific software company Dotmatics from global software investor Insight Partners in a deal valued at $5.1 billion, with Latham & Watkins LLP advising Siemens and Willkie Farr & Gallagher LLP advising Dotmatics.
-
April 02, 2025
NBA's Timberwolves To Be Sold, Ending Ownership Dispute
Minnesota Timberwolves owner Glen Taylor will end his fight to retain control of the NBA franchise and complete the sale to a pair of limited partners agreed-upon in 2021, according to numerous published reports.
-
April 02, 2025
Endeavor-Silver Lake Deal Sparks Over $1B In Appraisal Suits
A growing number of investors in recently taken-private sports and entertainment giant Endeavor Group Holdings have sued in Delaware's Court of Chancery for a post-deal appraisal of more than $1 billion in stock based on the deal price as of Wednesday, challenging the $27.50 per share paid by private equity firm Silver Lake.
-
April 02, 2025
As Global Markets Struggled, Private Equity Pounced In Q1
Stock markets slumped, mergers and acquisitions stumbled, and equity issuance took a breather in the first quarter of this year. But it was a different story for private equity, as global deal values shot up nearly 40% compared to the prior-year period, according to PitchBook data published Wednesday.
-
April 02, 2025
Freshfields Guides Leggett & Platt On $285M Aerospace Sale
Freshfields US LLP is guiding Leggett & Platt on the sale of its Aerospace Products Group to Tinicum Inc. for $285 million, as the company seeks to better align its portfolio with its long-term vision, according to a Wednesday announcement from Leggett & Platt.
-
April 02, 2025
Davis Wright Welcomes Longtime Jones Day Finance Atty
Davis Wright Tremaine LLP announced Tuesday that it has hired a longtime Jones Day attorney focused on advising investment management industry participants, praising his decades of experience helping clients navigate U.S. federal securities laws.
-
April 02, 2025
Experian Completes $350M Deal For Brazil Biz ClearSale
Multinational Experian PLC said Wednesday it has completed its acquisition of Brazil-based ClearSale SA in a $350 million deal that the credit reference agency said will broaden its offering to include transaction fraud detection in account opening.
-
April 02, 2025
AP Moller To Take Former Maersk Unit Private In $690M Deal
Danish investment company A.P. Moller said Wednesday that it has agreed to buy the remaining shares it does not already own in Svitzer, a towage and marine services provider, for 4.7 billion Danish kroner ($690 million).
-
April 02, 2025
Greencore To Buy Freshfields-Led Meals Maker For £1.2B
Sandwich maker Greencore said Wednesday that it has agreed to acquire Bakkavor, a British producer of ready-to-eat meals, for approximately £1.2 billion ($1.5 billion) in a deal guided by Freshfields LLP.
-
April 01, 2025
Javice Must Don Ankle Bracelet For Now, Despite Pilates Gig
Frank founder Charlie Javice must wear a location-monitoring ankle bracelet, pending further court review, as she awaits sentencing, following her conviction at trial on fraud and conspiracy charges for purportedly conning JPMorgan Chase & Co. into buying her now-defunct educational startup, in spite of her claims that it will leave her unable to work in her new gig as a fitness instructor.
-
April 01, 2025
Saudi Co. Wants 11th Circ. To Revive Oil Suit Against Siemens
A Saudi Arabian company on Tuesday urged the Eleventh Circuit to reverse the dismissal of its business interference complaint against Siemens Energy Inc., arguing a lower Florida federal court should allow the lawsuit to proceed and resolve the alleged factual claims.
-
April 01, 2025
CarePoint's Bankruptcy Plan Needs Changes, Judge Says
A Delaware bankruptcy judge determined on Tuesday that more work is needed on the Chapter 11 plan from New Jersey hospital operator CarePoint that would have handed control of the health system's medical facilities to one of its creditors, finding the debtor must address another creditor's claim that its collateral has diminished in value.
Expert Analysis
-
China High Court Ruling Could Encourage Antitrust Litigation
Practitioners defending U.S. companies in China should take note of a Chinese Supreme Court ruling that plaintiffs can file suits based on either where the alleged action, or where the result of such action, occurred — which will promote civil litigation by minimizing procedural battles over forum selection, says Yang Yang at Leaqual Law Firm.
-
Making The Case For Rest In The Legal Profession
For too long, a culture of overwork has plagued the legal profession, but research shows that attorneys need rest to perform optimally and sustainably, so legal organizations and individuals must implement strategies that allow for restoration, says Marissa Alert at MDA Wellness, Carol Ross-Burnett at CRB Global, and Denise Robinson at The Still Center.
-
4 Ways Women Attorneys Can Build A Legal Legacy
This Women’s History Month, women attorneys should consider what small, day-to-day actions they can take to help leave a lasting impact for future generations, even if it means mentoring one person or taking 10 minutes to make a plan, says Jackie Prester, a former shareholder at Baker Donelson.
-
A Judge's Pointers For Adding Spice To Dry Legal Writing
U.S. District Judge Fred Biery shares a few key lessons about how to go against the grain of the legal writing tradition by adding color to bland judicial opinions, such as by telling a human story and injecting literary devices where possible.
-
Preparing For Disruptions To Life Sciences Supply Chains
Life sciences companies must assess how new and escalating tariffs — combined with other restrictions on cross-border activity singling out pharmaceutical products and medical devices — will affect supply chains, and they should proactively prepare for antitrust and foreign direct investment regulatory review processes, say attorneys at Weil.
-
Mastering The Fundamentals Of Life Sciences Due Diligence
As life sciences transactions continue to gain tremendous momentum, companies participating in these transactions must conduct effective and strategic regulatory due diligence, which involves extensive amounts of information and varies by manifold factors, says Anna Zhao at GunnerCooke.
-
A Close-Up Look At DOJ's Challenge To HPE-Juniper Deal
The outcome of the Justice Department's challenge to Hewlett Packard Enterprise's proposed $14 billion acquisition of Juniper Networks will likely hinge on several key issues, including market dynamics and shares, internal documents, and questions about innovation and customer harm, say attorneys at McDermott.
-
5 Merger Deal Considerations In Light Of The New HSR Rules
Now that the new Hart-Scott-Rodino Act rules are in effect, current priorities include earlier preparation for merging parties, certain confidentiality covenants, and key elements of letters of intent and term sheets, say attorneys at Fried Frank.
-
What FERC Scrutiny Of Directors, Assets Means For Investors
The Federal Energy Regulatory Commission has recently paid dramatically increased attention to appointments of power company directors by investors, and ownership of vertical assets that provide inputs for electric power production and sale — so investors in FERC-regulated entities should be paying more attention to these matters as well, say attorneys at Day Pitney.
-
Opinion
Antitrust Analysis In Iowa Pathologist Case Misses The Mark
An Iowa federal court erred in its recent decision in Goldfinch Laboratory v. Iowa Pathology Associates by focusing exclusively on market impacts and sidestepping key questions that should be central to antitrust standing analysis, says Daniel Graulich at Baker McKenzie.
-
Anticipating Calif. Oversight Of PE Participation In Healthcare
A new bill recently introduced in the California Senate revives last year's attempt to increase oversight of healthcare transactions involving private equity groups and hedge funds, meaning that attorneys may soon need to assess the compliance status of existing management relationships and consider modifying contract terms, says Andrew Demetriou at Husch Blackwell.
-
When Reincorporation Out Of Del. Isn't A Good Idea
While recent high-profile corporate moves out of Delaware have prompted discussion about the benefits of incorporation elsewhere, for many, remaining in the First State may be the right decision due to its deep body of business law, tradition of nonjury trials and other factors, say attorneys at Goodwin.
-
New HSR Rules Augur A Deeper Antitrust Review By Agencies
After some initial uncertainty, the new Hart-Scott-Rodino Act rules did go into effect last month, and though their increased information requirements create greater initial burdens for merging parties, the rules should lead to greater certainty and predictability through a more efficient and effective review process, says Craig Malam at Edgeworth Economics.
-
Why Acquirers Should Reevaluate Federal Contract Risk
Long thought of as a stable investment, the scale with which the Trump administration is attempting to eliminate federal contracts is unprecedented, and acquirer considerations should include the size and scope of all active and pending government contracts of target companies, say attorneys at Winston & Strawn.
-
Opinion
SEC Defense Bar Should Pursue Sanctions Flexibility Now
The U.S. Securities and Exchange Commission defense bar has an opening under the new administration to propose flexible, tailored sanctions that can substantially remediate misconduct and prevent future wrongdoing instead of onerous penalties, which could set sanctions precedent for years to come, says Josh Hess at BCLP.