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Mergers & Acquisitions
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March 25, 2026
Split Del. High Court Affirms Paramount Merger Docs Ruling
In a split decision, the Delaware Supreme Court on Wednesday agreed with a lower court's finding that news articles containing anonymous sourcing were reliable enough to support investors' demands for records pertaining to Paramount Global's merger with Skydance Media.
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March 25, 2026
Oak View Exec Tells Jury Of Deal To Hype Ticketmaster
The CEO of Oak View Group told a Manhattan federal jury Wednesday that his company didn't inform other venue owners that it was being paid to "advocate" for them to use Ticketmaster as a vendor for ticketing services, but said he still would recommend the Live Nation subsidiary anyway since it's the best in the business.
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March 25, 2026
Nexstar Says No Harm On The Horizon From $6.2B Tegna Deal
Nexstar and Tegna have come out swinging against a "last-minute, unfounded" attempt by eight states to block the companies from continuing to co-mingle their businesses following their $6.2 billion television station merger after receiving the go-ahead from the Federal Communications Commission.
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March 25, 2026
Tax-Credit Cliff Sparks M&A Rush For Clean Energy
The looming July cutoff to maintain eligibility for clean electricity investment and production tax credits is sparking a dealmaking spree as smaller developers who are unable to meet the deadline begin looking to sell projects to deeper-pocketed players who can.
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March 25, 2026
S. Korea, Elliott Dispute Over Samsung Merger Set To Restart
South Korea's Ministry of Justice said Wednesday it is preparing for U.S. hedge fund Elliott Associates to resubmit its claim accusing the government of interfering in an $8 billion merger between two Samsung affiliates in 2015, weeks after a London court set aside a previous award in the dispute.
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March 25, 2026
Conn. Regulators Approve $2.4B Eversource Water Co. Sale
Connecticut's Public Utilities Regulatory Authority on Wednesday approved the transfer of Eversource subsidiary Aquarion Co. to a new public water authority created by the state Legislature, subject to several conditions, while admitting the $2.35 billion price tag placed the deal "on the knife's edge of a public interest finding."
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March 25, 2026
Colo. AG Says States Must Guard Rule Of Law In Antitrust
Colorado Attorney General Philip J. Weiser said on Wednesday that state enforcers need to uphold the rule of law when it comes to antitrust enforcement because the U.S. Department of Justice is allowing lobbyists to influence outcomes.
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March 25, 2026
Arxis Files IPO As More Defense Firms Seek Public Listings
Military electronics and components maker Arxis has filed plans for an initial public offering, marking the second military technology company to launch plans for a public debut this week as more aerospace and military companies seek the public markets.
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March 25, 2026
After Overhaul Nixed, FTC, DOJ Mull New Merger Rulemaking
The Federal Trade Commission and the U.S. Department of Justice are not giving up on attempting to overhaul the "insufficient" half-century-old merger notification form after its replacement was just struck down by a Texas federal judge, with the agencies now seeking public comment as they mull "a new rulemaking process."
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March 25, 2026
Insurer Need Not Cover Parkinson's Drug Antitrust Dispute
An insurer does not owe coverage in an antitrust suit accusing a pharmaceutical company of suppressing generic versions of the Parkinson's treatment Apokyn, a Maryland federal judge ruled, finding the dispute does not involve "securities claims" covered under the insurer's policy.
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March 25, 2026
3 Canadian Law Firms Steer $6.5B Boralex PE Buyout
Brookfield Asset Management and La Caisse have agreed to acquire all of Boralex Inc.'s outstanding shares in a deal that gives the Canadian renewable power producer an enterprise value of CA$9 billion, or about $6.5 billion, according to a deal announcement Wednesday.
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March 25, 2026
Covington, Freshfields Advise On $6.7B Merck Oncology Deal
Merck & Co. said Wednesday it will acquire clinical-stage oncology company Terns Pharmaceuticals Inc. for $53 per share in cash, giving the deal an equity value of $6.7 billion.
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March 25, 2026
Diageo To Sell Indian Cricket Team To Blackstone For $1.8B
Guinness owner Diageo PLC said Wednesday that it is selling Indian cricket champions Royal Challengers Bengaluru to a consortium including Blackstone for 166.6 billion Indian rupees ($1.77 billion).
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March 24, 2026
Charlie Javice Can't Get Retrial Based On Clerk Conflicts
A New York federal judge Tuesday shot down a retrial bid from Charlie Javice, who was convicted of conning JPMorgan Chase & Co. into buying her financial aid startup Frank, rejecting her argument that there was a conflict of interest because clerks who worked on the trial accepted jobs with the bank's firm.
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March 24, 2026
Iowa Asks 5th Circ. To Ax 'Uncertain' Schwab Antitrust Deal
Iowa's attorney general Monday pressed the Fifth Circuit to reject investors' deal with The Charles Schwab Corp. in an antitrust suit over its merger with TD Ameritrade, arguing it offers only uncertain and hypothetical relief to class members while giving named plaintiffs and class counsel a "windfall."
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March 24, 2026
Conservative Group Bucks Trump, FCC On Nexstar Deal
A major conservative group has come out swinging against the Federal Communications Commission's decision to waive the national TV broadcast ownership cap to let the merger of media giants Nexstar and Tegna move forward.
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March 24, 2026
6 Firms Guide Gilead's $2.2B Autoimmune Drug Play
Gilead Sciences Inc. has agreed to acquire privately held Ouro Medicines for up to $2.175 billion and is in advanced discussions with Galapagos NV on a potential research and development collaboration on the assets, according to an announcement late Monday from Gilead.
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March 24, 2026
Paul Hastings M&A, Energy Team Joins HSF Kramer In NY
Herbert Smith Freehills Kramer LLP announced on Tuesday that it has hired a team of transactional attorneys from Paul Hastings LLP, one of whom will head its Americas energy, mining and infrastructure team.
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March 24, 2026
Baker Botts-Led Energy Drilling Firm HMH Eyes $231M In IPO
HMH Holdings, a Houston-based oil and gas equipment manufacturer, said it is aiming to raise up to $231 million during an initial public offering set to price next week, after Baker Botts LLP and Latham & Watkins LLP advised plans for the IPO in 2024.
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March 24, 2026
$18M Deal Sparks Noncompete Fight In Del. Chancery
Enviracore Services Group LLC has sued the former owner of an environmental services company it bought for about $18 million, accusing him of flouting a noncompete agreement, diverting business and withholding key assets in a dispute now before the Delaware Court of Chancery.
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March 24, 2026
Apollo $3.7B Nippon Deal Marks Its Largest Japan Investment
Apollo said it has agreed to purchase Japan's Nippon Sheet Glass Co. at a $3.7 billion enterprise value, in a transaction that the private equity firm said would be its largest-ever private equity investment in Japan.
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March 24, 2026
Janus Agrees To Bolstered Trian, General Catalyst Proposal
Janus Henderson said Tuesday it has agreed to a higher cash offer from Trian Fund Management and General Catalyst Group following its review of a competing proposal from Victory Capital Management.
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March 24, 2026
Estée Lauder Confirms Merger Talks With Spain's Puig
U.S. cosmetics giant Estée Lauder has confirmed it is in talks to merge with Puig, a Spanish fashion and beauty group, to create a combined business with sales of around $20 billion.
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March 23, 2026
DC Circ. Told It Must Put A Stop On Nexstar-Tegna Merger
The Federal Communications Commission broke the law when it waived the 39% ownership cap that limits broadcasters to a certain share of the national market in order to approve Nexstar's $6.2 billion acquisition of Tegna, according to two new appeals.
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March 23, 2026
Insurers Seek Early Win In $22M Berkshire Antitrust Case
A group of insurers sued by a Berkshire Hathaway-owned construction supplier have asked a Colorado federal judge for an early win in the suit, claiming they have no duty to indemnify the damages in an underlying antitrust suit.
Expert Analysis
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AI Evidence Rule Tweaks Encourage Judicial Guardrails
Recent additions to a committee note on proposed Rule of Evidence 707 — governing evidence generated by artificial intelligence — seek to mitigate potential dangers that may arise once machine outputs are introduced at trial, encouraging judges to perform critical gatekeeping functions, say attorneys at Lankler Siffert & Wohl.
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Series
The Law Firm Merger Diaries: Getting The Message Across
Communications and brand strategy during a law firm merger represent a crucial thread that runs through every stage of a combination and should include clear messaging, leverage modern marketing tools and embrace the chance to evolve, says Ashley Horne at Womble Bond.
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Opinion
Horizontal Stare Decisis Should Not Be Casually Discarded
Eliminating the so-called law of the circuit doctrine — as recently proposed by a Fifth Circuit judge, echoing Justice Neil Gorsuch’s concurrence in Loper Bright — would undermine public confidence in the judiciary’s independence and create costly uncertainty for litigants, says Lawrence Bluestone at Genova Burns.
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10 Commandments For Agentic AI Tools In The Legal Industry
Though agentic artificial intelligence has demonstrated significant promise for optimizing legal work, it presents numerous risks, so specific ethical obligations should be built into the knowledge base of every agentic AI tool used in the legal industry, says Steven Cordero at Akerman LLP.
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Series
Preaching Makes Me A Better Lawyer
Becoming a Gospel preacher has enhanced my success as a trial lawyer by teaching me the importance of credibility, relatability, persuasiveness and thorough preparation for my congregants, the same skills needed with judges and juries in the courtroom, says Reginald Harris at Stinson.
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FTC Focus: Amazon's $2.5B Pact Broadens Regulatory Span
Amazon's $2.5 billion deal with the Federal Trade Commission offers takeaways for counsel managing risk across both consumer protection and competition portfolios, including that design strategies once evaluated solely for conversion may now be scrutinized for their competitive effects, say attorneys at Proskauer.
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Series
Law School's Missed Lessons: Practicing Client-Led Litigation
New litigators can better help their corporate clients achieve their overall objectives when they move beyond simply fighting for legal victory to a client-led approach that resolves the legal dispute while balancing the company's competing out-of-court priorities, says Chelsea Ireland at Cohen Ziffer.
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Meta Monopoly Ruling Highlights Limits Of Market Definition
A D.C. federal court's recent ruling that Meta is not monopolizing social media raises questions, such as why market definition matters and whether we have the correct model of competition, which can aid in making a stronger case against tech companies, says Shubha Ghosh at the Syracuse University College of Law.
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Series
The Law Firm Merger Diaries: How To Build On Cultural Fit
Law firm mergers should start with people, then move to strategy: A two-level screening that puts finding a cultural fit at the pinnacle of the process can unearth shared values that are instrumental to deciding to move forward with a combination, says Matthew Madsen at Harrison.
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The Future Of Digital Asset Oversight May Rest With OCC
How the Office of the Comptroller of the Currency handles fintechs' growing interest in national trust bank charters, demonstrated by a jump in filings this year, will determine how far the federal banking system extends to digital assets, and whether the charter becomes a mainstream supervisory pathway, say attorneys at Sheppard Mullin.
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Considerations When Invoking The Common-Interest Privilege
To successfully leverage the common-interest doctrine in a multiparty transaction or complex litigation, practitioners should be able to demonstrate that the parties intended for it to apply, that an underlying privilege like attorney-client has attached, and guard against disclosures that could waive privilege and defeat its purpose, say attorneys at DLA Piper.
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Series
The Law Firm Merger Diaries: Making The Case To Combine
When making the decision to merge, law firm leaders must factor in strategic alignment, cultural compatibility and leadership commitment in order to build a compelling case for combining firms to achieve shared goals and long-term success, says Kevin McLaughlin at UB Greensfelder.
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5 Bonus Plan Compliance Issues In Financial Services
As several legal constraints — including a new California debt repayment law taking effect in January — tighten around employment practices in the fiercely competitive financial services sector, the importance of compliant, well-drafted bonus plans has never been greater, say attorneys at Jackson Lewis.
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Opinion
Despite Deputy AG Remarks, DOJ Can't Sideline DC Bar
Deputy Attorney General Todd Blanche’s recent suggestion that the D.C. Bar would be prevented from reviewing misconduct complaints about U.S. Department of Justice attorneys runs contrary to federal statutes, local rules and decades of case law, and sends the troubling message that federal prosecutors are subject to different rules, say attorneys at HWG.
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From Bank Loans To Private Credit: Tips For Making The Shift
The relationship between private credit and syndicated bank deals will evolve as the private market continues to grow, introducing new challenges for borrowers comparing financing options, particularly pertaining to loan documentation and working capital, say attorneys at Haynes Boone.