Mergers & Acquisitions

  • March 24, 2025

    Sidley-Led Clearlake Inks $7.7B Deal To Buy Dun & Bradstreet

    Sidley Austin LLP-advised Clearlake Capital Group has agreed to acquire business analytics provider Dun & Bradstreet Holdings Inc., represented by Weil Gotshal & Manges LLP, at a $7.7 billion valuation, including debt, the companies said Monday.

  • March 24, 2025

    DNA Testing Firm 23AndMe Files Ch. 11 With Plans To Sell

    DNA testing company 23andMe Inc. filed for Chapter 11 protection in Missouri bankruptcy court, listing $214 million of debt and saying it plans to sell its business through the bankruptcy process.

  • March 24, 2025

    Wood Group Gets More Time To Discuss Sidara Takeover

    Britain's mergers and acquisitions watchdog has handed engineering consultancy Wood Group and Sidara more time to firm up a deal after the Middle Eastern rival pulled out of a £1.6 billion ($2 billion) takeover in August.

  • March 21, 2025

    Chancery Nixes Mid-Case Appeal In Sears Appraisal Suit Fix

    A Delaware vice chancellor refused on Friday to certify a mid-case appeal sought by bankrupt Sears Hometown Stores and its billionaire controller after a Court of Chancery ruling that an investor should get a full $4.06 per share post-squeeze-out merger award despite pursuing an alternative stock appraisal that was dead-ended by bankruptcy.

  • March 21, 2025

    Divisive Del. Corporate Law Bill May Get Compromise Tweak

    A Delaware state representative reported active interest Friday in possible "opt-in" requirements for proposed changes to the section of Delaware's general corporation law pertaining to potentially conflicted business transactions and controlling investors.

  • March 21, 2025

    Block & Leviton, Elsberg To Co-Lead Agiliti Squeeze-Out Suit

    Block & Leviton and Elsberg Baker & Maruri have won co-lead counsel roles in a consolidated proposed investor class action in Delaware's court of chancery challenging an alleged squeeze-out of minority shareholders of medical equipment company Agiliti Inc.

  • March 21, 2025

    Off The Bench: Celts Sold, Tennis 'Cartel,' DraftKings In Deep

    In this week's Off The Bench, two BigLaw titans help steer the record sale of a prestigious NBA franchise, tennis pros heap damning antitrust allegations on the sport's leadership, and DraftKings remains mired in a dispute over its use of baseball players' likenesses to promote their gambling offers.

  • March 21, 2025

    Exactech Strikes $10M Deal With TPG In Ch. 11

    Counsel for medical implant maker Exactech Friday told a Delaware bankruptcy judge it has reached a $10 million settlement of potential claims against its equity sponsor a week before it will seek approval to send its Chapter 11 plan out for a vote.

  • March 21, 2025

    Israel-Focused SPAC Raises $125M To Pursue Merger

    Shares of Gesher Acquisition Corp. II began trading on the Nasdaq on Friday after the blank-check company detailed plans to raise $125 million in its initial public offering with the goal of merging with an Israeli company.

  • March 21, 2025

    Taxation With Representation: Cravath, Paul Weiss, Cooley

    In this week's Taxation With Representation, Google acquires Wiz, QXO Inc. acquires Beacon Roofing Supply, and the Boston Celtics are bought by a group led by private equity firm co-founder William Chisholm.

  • March 21, 2025

    AstraZeneca To Invest $2.5B In China Research Hub

    Pharmaceutical giant AstraZeneca on Friday announced plans to invest $2.5 billion in Beijing over the next five years to establish a new global strategic research and development center, inking agreements with three biotechs to help develop new treatments and advance life sciences in China.

  • March 21, 2025

    Apollo, BP Ink $1B Deal For Stake In European Gas Pipeline

    BP has agreed to sell a 25% noncontrolling stake in a BP entity invested in the Trans-Anatolian Natural Gas Pipeline, or TANAP, to funds managed by Apollo Global Management for $1 billion, the companies said Friday.

  • March 21, 2025

    How Dealmaking Attorneys Are Navigating Trump's Tariffs

    While dealmakers expected a robust start to 2025 under the second Trump administration with less regulatory scrutiny, the president's changing tariff actions have slowed deal activity and left attorneys working diligently to help clients navigate an uncertain mergers and acquisitions environment.

  • March 21, 2025

    White & Case Leads Alfa Laval In €800M Cryogenics Biz Deal

    Swedish company Alfa Laval AB said Friday that it has agreed to acquire the cryogenics business of French industrial giant Fives Group for €800 million ($870 million) in an all-cash and debt-free deal guided by White & Case LLP.

  • March 20, 2025

    Nippon Calls Consumer Suit Over US Steel Merger 'Baseless'

    Nippon Steel Corp. has urged a California federal court to throw out a consumer suit over its blocked $14.9 billion merger with U.S. Steel Corp., calling it yet another "in a long line of baseless lawsuits" over a merger of public companies that they have "no standing to challenge in the first place."

  • March 20, 2025

    Judge Nixes Bid For InfoWars Publisher In Alex Jones Ch. 7

    A Texas bankruptcy judge has rejected a new $8 million cash offer for Free Speech Systems, the publisher of InfoWars, writing he already ruled out a sale of FSS' assets in the Chapter 7 of conspiracy theorist Alex Jones.

  • March 20, 2025

    South Korea Can't Nix $32M Award To US Hedge Fund

    South Korea on Thursday lost its bid to set aside an arbitral award ordering it to pay some $32 million to a U.S. hedge fund following a dispute over a government bribery scandal that allegedly underpinned the $8 billion merger of two Samsung affiliates in 2015.

  • March 20, 2025

    MoFo Adds 4 BraunHagey Corporate Attys In San Francisco

    Morrison Foerster LLP announced Thursday that it has continued adding corporate attorneys from BraunHagey & Borden LLP, bringing a team of venture capital specialists to its San Francisco office, two as partners and two as associates.

  • March 20, 2025

    NY Nursing Home Gets Ch. 11 Sale OK, Averting Closure

    Nursing home operator Cold Springs told a New York bankruptcy judge Thursday the buyer of its 588-bed facility has quelled a dispute with a healthcare workers' union, clearing the way for a Chapter 11 sale.

  • March 20, 2025

    4 Firms Build Kraken's $1.5B NinjaTrader Buy

    Cryptocurrency platform Kraken on Thursday unveiled plans to buy U.S. retail futures trading company NinjaTrader in a $1.5 billion deal guided by four law firms.

  • March 20, 2025

    Oracle Eyes Stake In TikTok's US Entity, And More Rumors

    Oracle is considering acquiring a stake in TikTok's U.S. operations that would allow the social media giant to continue doing business here under certain security assurances. Meanwhile, Brookfield Asset Management has emerged as the top contender to acquire Colonial Pipeline, and German drugmaker Stada is delaying its IPO until at least September because of market volatility. Here, Law360 breaks down the notable deal rumors from the past week.

  • March 20, 2025

    Three Firms Assist On Record $6.1B Boston Celtics Sale

    The defending NBA champion Boston Celtics and their longtime owners, represented by Gunderson Dettmer and Cooley LLP, have been purchased for $6.1 billion by a Wachtell Lipton Rosen & Katz-advised group led by private equity firm co-founder William Chisholm, setting a new record for a North American pro sports franchise.

  • March 20, 2025

    Medical Malpractice Insurers Ink $1.3B Merger Deal

    Physician-owned medical malpractice insurer The Doctors Company has agreed to acquire ProAssurance Corp. in a deal valued at approximately $1.3 billion, in what the company said will create a combined entity with approximately $12 billion in assets.

  • March 20, 2025

    Judge Trims Ex-Sales Director's Suit Against Insurer

    An Ohio federal judge dismissed parts of a $21 million lawsuit accusing a Cleveland-based life insurance firm of wrongly withholding commissions from a former outside sales director, but left the businessman's claims for defamation and declaratory judgment untouched for further proceedings.

  • March 20, 2025

    SoftBank Paying $6.5B For Ampere In AI Infrastructure Push

    SoftBank Group Corp. said Thursday it has agreed to acquire Ampere Computing, an independent silicon design company, in an all-cash transaction valued at $6.5 billion, representing a significant expansion of SoftBank's investments in AI infrastructure and computing technologies.

Expert Analysis

  • 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.

  • Mentorship Resolutions For The New Year

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    Attorneys tend to focus on personal achievements or career milestones when they set yearly goals, but one important area often gets overlooked in this process — mentoring relationships, which are some of the most effective tools for professional growth, say Kelly Galligan at Rutan & Tucker and Andra Greene at Phillips ADR.

  • PE Strategies To Manage Adjacent Portfolio Firm Conflicts

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    A variety of tools can mitigate potential risk for a private equity director sitting on the board of directors of multiple companies, including the disclosure of potential conflicts in fundraising documents to help mitigate risk under the securities laws, says Michael Kendall at Goodwin.

  • Series

    Coaching Little League Makes Me A Better Lawyer

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    While coaching poorly played Little League Baseball early in the morning doesn't sound like a good time, I love it — and the experience has taught me valuable lessons about imperfection, compassion and acceptance that have helped me grow as a person and as a lawyer, says Alex Barnett at DiCello Levitt.

  • 5 Litigation Funding Trends To Note In 2025

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    Lawyers and their clients must be prepared to navigate an evolving litigation funding market in 2025, made more complicated by a new administration and the increasing overall cost of litigation, says Jeffery Lula at GLS Capital.

  • How FTC Sent A $5.6M Warning Against Jumping The Gun

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    The Federal Trade Commission's recent record $5.6 million "gun jumping" action against Verdun Oil, for allegedly exerting control over EP Energy before the mandatory waiting period under U.S. antitrust law expired, warns companies that they must continue to operate independently during review, say attorneys at Ballard Spahr.

  • Rethinking Litigation Risk And What It Really Means To Win

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    Attorneys have a tendency to overestimate litigation risk before summary judgment and underestimate risk after it, but an eight-stage litigation framework can clarify risk at different points and help litigators reassess what true success looks like in any particular case, says Joshua Libling at Arcadia Finance.

  • Mass Arbitration Procedures After Faulty Live Nation Ruling

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    Despite the Ninth Circuit's flawed reasoning in Heckman v. Live Nation, the exceptional allegations of collusive conduct shouldn't be read to restrict arbitration providers that have adopted good faith procedures to ensure that consumer mass arbitrations can be efficiently resolved on the merits, says Collin Vierra at Eimer Stahl.

  • Forecasting The Future Of The FTC Post-Inauguration

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    The incoming Federal Trade Commission leadership's agenda, which is expected to be in sharp contrast with the Biden administration's enforcement posture, will be noticeable right away in the first few weeks of the Trump administration, say attorneys at Cooley.

  • US-China Deal Considerations Amid Cross-Border Uncertainty

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    With China seemingly set to respond to the incoming U.S. administration's call for strategic decoupling and tariffs, companies on both sides of the Pacific should explore deals and internal changes to mitigate risks and overcome hurdles to their strategic plans, say attorneys at Covington.

  • Series

    Playing Rugby Makes Me A Better Lawyer

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    My experience playing rugby, including a near-fatal accident, has influenced my legal practice on a professional, organizational and personal level by showing me the importance of maintaining empathy, fostering team empowerment and embracing the art of preparation, says James Gillenwater at Greenberg Traurig.

  • Nippon, US Steel Face Long Odds On Merger Challenge

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    Following the Committee on Foreign Investment in the United States' review of Japan's Nippon Steel's proposed acquisition of U.S. Steel, the companies face a formidable uphill battle in challenging the president's exercise of authority to block the deal on national security grounds, say attorneys at Kirkland.

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