Mergers & Acquisitions

  • February 10, 2026

    Delaware Justices Bar Damages For Invalid Noncompetes

    The Delaware Supreme Court on Tuesday affirmed a Delaware Chancery Court ruling that barred Fortiline Inc. and its parent, Patriot Supply Holdings Inc., from recovering damages for breaches of noncompete and nonsolicitation agreements that had already been deemed unenforceable.

  • February 10, 2026

    Broadcasters Fight 39% Media Ownership Cap In Hill Hearing

    TV broadcasters told the U.S. Senate Tuesday that lawmakers never meant to permanently cap national audience share controlled by a single station owner at 39%, as conservative outlet Newsmax argued there's support from both the left and right for keeping the limit in place.

  • February 10, 2026

    Eddie Bauer Stores Get Ok For Early March Ch. 11 Auction

    A New Jersey bankruptcy judge approved a Chapter 11 schedule Tuesday for the retail operator for outdoor clothing brand Eddie Bauer that will see the company on the block by early March and any unsold stores closed for good by the end of April.

  • February 10, 2026

    Paul Hastings Lands 8 More Attys For New Charlotte Office

    A second group of fund finance lawyers has joined Paul Hastings LLP's new Charlotte, North Carolina, office from Cadwalader Wickersham & Taft LLP, Haynes Boone and Mayer Brown LLP.

  • February 10, 2026

    Presidio Seeks $1B Debt To Fund Deals After SPAC Merger

    Oil and gas operator Presidio Investment Holdings on Tuesday revealed that it is working with banking giant Goldman Sachs on a debt facility worth up to $1 billion to be administered once it completes its merger with special purpose acquisition company EQV Ventures Acquisition Corp. and becomes a public company.

  • February 10, 2026

    Freshfields, Kirkland Steer $6.2B Clear Channel Outdoor Deal

    Advertising company Clear Channel Outdoor Holdings Inc. has agreed to be acquired by Mubadala Capital in partnership with TWG Global in an all-cash deal valuing the company at $6.2 billion.

  • February 10, 2026

    European Wax Center To Go Private In $330M Cash Deal

    Waxing services giant European Wax Center Inc. on Tuesday announced plans to go private after being acquired by investor General Atlantic in an all-cash deal valued at roughly $330 million.

  • February 10, 2026

    Paramount Amends Warner Bid To Cover Netflix Breakup Fee

    Paramount Skydance Corp. said Tuesday it has sweetened its $30 per share, all-cash tender offer for Warner Bros. Discovery by adding new financial protections and regulatory assurances, and offering to pay the breakup fee if WBD walks away from its existing deal with Netflix. 

  • February 10, 2026

    Lender IPF Delays £543M Takeover Vote As Investor Objects

    Credit provider International Personal Finance said Tuesday that it will delay a vote by shareholders on its proposed takeover for £543 million ($742 million) by U.S. specialist finance group BasePoint Capital after an investor voiced opposition to the deal.

  • February 09, 2026

    Altar'd State Opens Bidding For Francesca's IP At $7M

    Faith-based clothing retailer Altar'd State set an opening bid of $7 million for the intellectual property of bankrupt women's clothing retailer Francesca's, the debtor told a New Jersey bankruptcy judge Monday.

  • February 09, 2026

    LRN Shareholder To Pay $18M To End Del. Defamation Suit

    Activision founder Howard Marks will pay $18 million to LRN Corp. Chairman Dov Seidman and two others to exit a Delaware Superior Court defamation lawsuit over statements he made as class representative in a separate Delaware Court of Chancery shareholder case, a Monday filing states.

  • February 09, 2026

    America's Test Kitchen Owner Wins Auction For Food52 Brand

    Cooking and home goods e-commerce company Food52 Inc. has told a Delaware bankruptcy judge that the owner of the America's Test Kitchen television show's brand has submitted the winning bid for its primary business.

  • February 09, 2026

    6 Firms Guide Plan To Create $17B Transocean Drilling Giant

    Transocean Ltd. said Monday it has agreed to acquire rival Valaris Ltd. in an all-stock deal valued at about $5.8 billion, combining two of the largest offshore drilling fleets into a $17 billion operator ahead of a "multi-year offshore drilling upcycle."

  • February 09, 2026

    Sports Flooring Makers Want Antitrust Merger Suit Tossed

    A manufacturer of flooring for sporting events has asked a Utah federal judge to toss an antitrust suit from several of its distributors, casting doubt on claims that its recent acquisition of a competing company is an anticompetitive power play.

  • February 09, 2026

    Amazon Inks Multibillion STMicro Deal Amid Massive AI Push

    Amazon Web Services is committing to buy several billion dollars' worth of STMicroelectronics chips and related services over the life of a new multiyear agreement, the chipmaker announced Monday. 

  • February 09, 2026

    Fried Frank Hires Pillsbury M&A, PE Head

    Fried Frank Harris Shriver & Jacobson LLP announced Monday that it has hired the former head of Pillsbury Winthrop Shaw Pittman LLP's mergers and acquisitions and private equity practices, touting his transactional experience across a wide range of industries.

  • February 09, 2026

    Paul Weiss, Goodwin Steer Eli Lilly's $2.4B Orna Buy

    Pharmaceutical giant Eli Lilly & Co., advised by Paul Weiss Rifkind Wharton & Garrison LLP, on Monday announced that it has agreed to buy Goodwin Procter LLP-led biotechnology firm Orna Therapeutics Inc. in a deal where Orna shareholders could receive up to $2.4 billion in cash.

  • February 09, 2026

    Safanad Sells UK Care Home Biz To REIT For $1.6B

    Principal-led investment company Safanad announced Monday that it sold U.K. care-home provider HC-One to a healthcare real estate investment trust for over $1.6 billion.

  • February 09, 2026

    Slaughter And May Leads NatWest £2.7B Wealth Manager Buy

    NatWest said Monday that it has agreed to acquire British wealth manager Evelyn Partners from Permira, a global investment company, and private equity firm Warburg Pincus for £2.7 billion ($3.7 billion) to boost its private banking and wealth management business.

  • February 09, 2026

    2 Arnold & Porter M&A Attys Join WilmerHale In Silicon Valley

    WilmerHale continues boosting its dealmaking team with attorneys from Arnold & Porter Kaye Scholer LLP, announcing Monday that two technology mergers and acquisitions experts are joining its Silicon Valley office in Palo Alto, California.

  • February 09, 2026

    Weil Helps Advent, FedEx Buy Poland's InPost For €7.8B

    A consortium that includes U.S. private equity firm Advent International LP and FedEx Corp. said Monday that it has agreed to buy InPost for €7.8 billion ($9.2 billion) to back the growth in Europe of the Polish parcel locker company.

  • February 06, 2026

    News-Rating Biz Escalates Fight Against 'Retaliatory' FTC Deal

    News-rating organization NewsGuard took aim Friday at a Federal Trade Commission settlement barring merging ad-buying giants from doing business with it, challenging that deal and an FTC subpoena in a D.C. federal court lawsuit alleging that both are "part of a broader retaliatory campaign" against NewsGuard and other sites.

  • February 06, 2026

    STB Pledges 'Rigorous Review' Of UP, Norfolk Southern Deal

    The Surface Transportation Board has reassured lawmakers that it will "conduct a rigorous and comprehensive review" of Union Pacific's proposed $85 billion merger with Norfolk Southern, as the board weighs a flurry of comments from industry stakeholders on the deal's sweeping implications for the U.S. economy.

  • February 06, 2026

    MeridianLink Sued In Del. For Share Price In $2B Acquisition

    Two institutional stockholders of financial software platform venture MeridianLink sued on Friday for a Delaware Court of Chancery valuation of their shares at the time of the company's $2 billion, Aug. 11, 2025, acquisition by a merger affiliate of Centerbridge Partners LP.

  • February 06, 2026

    Judge Rejects Compass' Bid To Block Zillow Listing Rules

    A New York federal court on Friday refused to bar Zillow from enforcing its updated listing policy while Compass brings its antitrust case alleging the rules are meant to block competition, after finding the brokerage has not shown its case is likely to succeed.

Expert Analysis

  • Opinion

    The Case For Emulating, Not Dividing, The Ninth Circuit

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    Champions for improved judicial administration should reject the unfounded criticisms driving recent Senate proposals to divide the Ninth Circuit and instead seek to replicate the court's unique strengths and successes, says Ninth Circuit Judge J. Clifford Wallace.

  • Banking M&A Outlook Reflects Favorable Regulatory Climate

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    The banking mergers and acquisitions environment is starting 2026 with a rare alignment of favorable market conditions and a more permissive regulatory atmosphere, creating a clear window for banks to pursue transformative combinations and shape the competitive landscape, say attorneys at Reed Smith.

  • Series

    Muay Thai Makes Me A Better Lawyer

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    Muay Thai kickboxing has taught me that in order to win, one must stick to one's game plan and adapt under pressure, just as when facing challenges by opposing counsel or judges, says Mark Schork at Feldman Shepherd.

  • Series

    Law School's Missed Lessons: Intentional Career-Building

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    A successful legal career is built through intention: understanding expectations, assessing strengths honestly and proactively seeking opportunities to grow and cultivating relationships that support your development, say Erika Drous and Hillary Mann at Morrison Foerster.

  • Chancery Exec Noncompete Ruling Offers PE Buyer Lessons

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    In Derge v. D&H United Fueling Solutions, the Delaware Court of Chancery sided with a private equity-backed portfolio company by enforcing a noncompete against an executive, providing private equity buyers with a checklist of factors for an enforceable noncompete in the sale-of-business context, says Danielle Asaad at Squire Patton.

  • How Shareholder Activism Fared In 2025

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    2025 was a turbulent yet transformative year in shareholder activism, and there are several key takeaways to help companies prepare for a 2026 that is shaping up to be even more lively, including increased focus on retail investors and the use of social media as a tool, say attorneys at Sidley.

  • Key Trends In Healthcare Antitrust In 2025

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    The healthcare industry braced for significant antitrust enforcement shifts last year driven by a change in administration, and understanding the implications of these trends is critical for healthcare organizations' risk management and strategic decision-making in the year ahead, say attorneys at Michael Best.

  • Preparing For Congressional Investigations In A Midterm Year

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    2026 will be a consequential year for congressional oversight as the upcoming midterm elections may yield bolder investigations and more aggressive state attorneys general coalitions, so companies should consider adopting risk management measures to get ahead of potential changes, say attorneys at Morgan Lewis.

  • How Bank M&A Prospects Brightened In 2025

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    Even with less-than-ideal macroeconomic conditions in 2025, federal banking regulators' shift away from procedural concerns to focus more on core financial risks boosted M&A in several key ways, including shorter review timelines and increased interest in de novo charters, say attorneys at Arnold & Porter.

  • For Data Centers, Both Hyperscale And Edge Are Key In 2026

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    Recent trends in development of data centers highlight the importance of proactive attention to the zoning, permitting, interconnection and contractual issues associated with both hyperscale and edge facilities, in order to position projects for responsible growth in 2026 and protect their long-term value amid rapid technological and regulatory change, say attorneys at Sidley.

  • Top 5 Antitrust Issues For In-House Counsel To Watch In 2026

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    With Trump administration enforcement policy having largely taken shape last year, antitrust issues that in-house counsel should have on the radar range from scrutiny of technology-assisted pricing to the return of merger remedies, say attorneys at Squire Patton.

  • 4 Developments That Defined The 2025 Ethics Landscape

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    The legal profession spent 2025 at the edge of its ethical comfort zone as courts, firms and regulators confronted how fast-moving technologies and new business models collide with long-standing professional duties, signaling that the profession is entering a period of sustained disruption that will continue into 2026, says Hilary Gerzhoy at HWG Law.

  • Navigating AI In The Legal Industry

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    As artificial intelligence becomes an increasingly integral part of legal practice, Law360 guest commentary this year examined evolving ethical obligations, how the plaintiffs bar is using AI to level the playing field against corporate defense teams, and the attendant risks of adoption.

  • How Fractional GCs Can Manage Risks Of Engagement

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    As more organizations eliminate their in-house legal departments in favor of outsourcing legal work, fractional general counsel roles offer practitioners an engaging and flexible way to practice at a high level, but they can also present legal, ethical and operational risks that must be proactively managed, say attorneys at Boies Schiller.

  • M&A Midmarket Shows Resilience Amid 2025 Challenges

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    Midmarket mergers and acquisitions showed a slight decline in volume but climbed in value for much of 2025, particularly in the private equity space, indicating that the middle market M&A environment is cautious but steady heading into 2026, say attorneys at Stoel Rives.

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