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Mergers & Acquisitions
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March 30, 2026
VICI Inks $144M Sale-Leaseback In Canadian Casino Co. Buy
Casino-focused real estate investment trust VICI Properties said Monday that it has agreed to pay $144.4 million to buy two casinos and two hotels in a sale-leaseback deal that comes as part of Indigenous-owned Pure Casino Entertainment's acquisition of casino operator Gamehost Inc.
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March 30, 2026
FTC Says Anesthesia Group Cheered While Raising Prices
The Federal Trade Commission pushed back against a bid from U.S. Anesthesia Partners to avoid facing trial on claims that it monopolized the market through a rollup strategy, saying the company celebrated its ability to dramatically increase prices.
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March 30, 2026
Inflexion Secures €4.5B For 7th European Buyout Fund
Private equity shop Inflexion on Monday announced that it closed its seventh buyout fund above target at its hard cap of €4.5 billion ($5.2 billion).
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March 30, 2026
Flex Expands US Power Footprint With $1.1B Purchase
Flex said Monday it will acquire Electrical Power Products Inc., an Iowa-based maker of electrical power control and protection systems, in an all-cash deal valued at about $1.1 billion.
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March 30, 2026
Eli Lilly's $2.75B Pact Is Latest In AI Drug Discovery Push
Eli Lilly and Co. has agreed to a partnership with artificial intelligence-driven drug discovery company Insilico that could be worth up to $2.75 billion, amid an expanding category of collaboration fueled by pharmaceutical giants seeking accelerated paths to new treatments.
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March 30, 2026
5 Firms Advise On $29B Sysco, Jetro Restaurant Depot Deal
Wholesale restaurant food distributor Sysco said Monday it has agreed to acquire Jetro Restaurant Depot at a total enterprise value of approximately $29.1 billion, in a deal steered by at least five law firms.
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March 27, 2026
Live Nation Beat Rivals With Better Tech, Jury Hears
A former executive for AEG Presents on Friday testified that his former employer's ticketing system was subpar to that of Live Nation's Ticketmaster, as counsel for the latter portrayed the live entertainment giant's dominant position in the market as a natural result of its superior services to clients.
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March 27, 2026
FCC Can't Waive TV Broadcast Cap For Nexstar, DC Circ. Told
Public interest and labor groups banded together with cable and satellite groups Friday to try convincing the D.C. Circuit that the Federal Communications Commission can't waive its 39% national audience cap to let the $6.2 billion merger of Nexstar and Tegna Inc. move forward.
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March 27, 2026
EU's Ribera: Antitrust Must 'Stay Strong' Against Politics
European Union antitrust chief Teresa Ribera had a word of caution Friday for competition enforcers who let political considerations influence their enforcement decisions, arguing in Washington, D.C., remarks that enforcement should remain stable against shifting political winds.
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March 27, 2026
Credit Suisse Gets Bondholders' NJ RICO Claim Axed
An investor lawsuit accusing Credit Suisse of concealing its financial strains leading up to its takeover by UBS AG was trimmed by a New York federal judge, who found the suit failed to support its New Jersey racketeering claim.
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March 27, 2026
Norwegian Cruise Line, Elliott Cut Deal To Revamp Board
Norwegian Cruise Line said Friday it has reached an agreement with Elliott Investment Management LP for a board shake-up, after the activist investor revealed a more than 10% stake in the cruise operator last month.
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March 27, 2026
Latest Inflection Point SPAC Leads 3 Offerings Totaling $520M
Inflection Point Acquisition VI, the latest special purpose acquisition company led by Chairman Michael Blitzer, began trading publicly on Friday after raising $220 million in its initial public offering, marking the largest of three SPACs to hit the public markets Friday, totaling $520 million.
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March 27, 2026
3 Firms Advise On $1.1B Acquisition Between Canadian REITs
Halifax, Canada-based Clarke Inc. said Friday it has agreed to acquire financially struggling Ravelin Properties, another Canadian real estate investment trust, in a deal valuing the combined company at $1.7 billion and advised by Bennett Jones LLP, Voorheis & Co. LLP and Thornton Grout Finnigan LLP.
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March 27, 2026
Polsinelli Hires Practice Head From McDermott In NY
Polsinelli PC has hired a longtime McDermott Will & Schulte LLP attorney to co-lead its special situations and alternative investment practice, saying the move "further advanc[es] the firm's strategic focus on private credit, distressed investing, and complex restructuring matters."
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March 27, 2026
UK Litigation Roundup: Here's What You Missed In London
The past week in London has seen Apple hit back at a tech company's wireless charging patent claim, a flurry of businesses bring COVID-19 pandemic insurance claims as a key deadline draws closer and Ipulse Partners LLP file a claim against a luxury yacht company it represented in a trademark dispute. Here, Law360 looks at these and other new claims in the U.K.
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March 27, 2026
CrossCountry Wins REIT Bidding Contest With All-Cash Deal
CrossCountry Mortgage said Friday it will acquire mortgage servicing-focused real estate investment trust Two Harbors Investment Corp. for $10.80 per share in cash, with Simpson Thacher & Bartlett LLP advising CCM and Jones Day advising Two Harbors.
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March 27, 2026
Jack In The Box Says Buyer Breached Del Taco Deal
Jack in the Box Inc. has sued the buyer of its Del Taco business in the Delaware Chancery Court, accusing the purchaser and its affiliates of breaching key post-sale obligations tied to insurance coverage and transition services.
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March 27, 2026
REIT Investor Drops Suit Over $2.3B Deal Disclosures
An Alexander & Baldwin investor has dropped claims that the commercial real estate investment trust obscured its connections to Blackstone Real Estate in securities filings before a proposed $2.3 billion take-private deal, saying U.S. Securities and Exchange Commission filings last month moot the case.
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March 27, 2026
Kirkland-Led Transcend Bought By Otsuka In $1.2B Deal
Clinical-stage biotechnology company Transcend Therapeutics Inc., led by Kirkland & Ellis LLP and Pillsbury Winthrop Shaw Pittman LLP, on Friday announced that it has agreed to be bought by Otsuka Pharmaceutical Co. Ltd. in a deal worth up to $1.225 billion.
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March 27, 2026
Novartis To Buy US Biotech In Up-To-$2B Allergy Drug Deal
Swiss pharmaceutical giant Novartis AG said Friday that it will buy Excellergy, a U.S. biotechnology company, for up to $2 billion as it seeks access to a therapy to combat allergic reactions.
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March 26, 2026
Elon Musk Slams Twitter Stock Verdict Over Jury's $4.20 'Joke'
Elon Musk did not get a fair trial over claims he defrauded Twitter investors before acquiring the social media platform, the tech billionaire's lawyer told a California federal judge Thursday, saying the jury rolled a marijuana "joke" into the verdict form to mock Musk and the trial process.
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March 26, 2026
Dems Talk Nexstar-Tegna Merger At Telecom Act Hearing
Lawmakers touched on a lot of topics during the nearly three hours Thursday they spent dissecting the Telecommunications Act, which turns 30 this year, but the one that Democrats kept dragging the hearing back to was the FCC's recent approval of the $6.2 billion broadcast merger between Nexstar and Tegna.
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March 26, 2026
States Will Fill DOJ, FTC's Antitrust Void, Ill. AG Atty Says
The top antitrust attorney at the Illinois attorney general's office predicted Thursday that state enforcers will continue to pick up the pace as the Federal Trade Commission and especially the U.S. Department of Justice's Antitrust Division "become less transparent and less active."
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March 26, 2026
L'Oreal Wants Color Wow Co.'s Purchase Price Kept Secret
An executive for L'Oréal USA Inc. has asked a Connecticut state court judge not to force the public disclosure of the price the company paid to acquire Federici Brands LLC, the company behind Color Wow hair care products, as part of a former Federici president's lawsuit alleging she is owed $40 million from the transaction.
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March 26, 2026
FTC Antitrust Head Cites Acquihire 'Tension' With Deal Rule
The Federal Trade Commission's top antitrust official said Thursday that so-called reverse acquihires appear designed solely to avoid merger reporting requirements, while noting that competition enforcers continue to scrutinize the deals that are newly popular in Silicon Valley, especially in the artificial intelligence space.
Editor's Picks
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UK Enforcers Say Cargo Equipment Deal Raises Concerns
The planned merger of Finnish cargo handling equipment outfits Cargotec Corp. and Konecranes PLC faces increasing scrutiny across the globe, as U.K. enforcers raised concerns about competition for a number of different products for port services.
Expert Analysis
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Opinion
AI Presents A Make-Or-Break Moment For Outside Counsel
The rapid adoption of artificial intelligence by corporate legal departments is forcing a long-overdue reset of the relationship between inside and outside counsel, and introducing a significant opportunity to shed frustrating inefficiencies and strengthen collaboration for firms willing to embrace the shift, says Intel Chief Legal Officer April Miller Boise.
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Defense Deals Can Trigger Extra HSR Filing With The DOD
Certain aerospace, defense and national security M&A transactions will require a concurrent Hart-Scott-Rodino Act filing to the U.S. Department of Defense, and practice tips for navigating this extra filing include early analysis of competitive implications of sector deals and planning for concurrent filings, say attorneys at White & Case.
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Series
Watching Hallmark Movies Makes Me A Better Lawyer
I realize you may be judging me for watching, and actually enjoying, Hallmark Channel movies, but the escapism and storylines actually demonstrate qualities and actions that lead to an efficient, productive and positive legal practice, says Karen Ross at Tucker Ellis.
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Assessing Potential Legal Claims From Private Credit Turmoil
Amid the downturn in the private credit markets spurred by multiple high-profile bankruptcies, a New York lawsuit stemming from the collapse of First Brands provides an important case study for investors to help minimize future losses and maximize any potential recovery in the event of a private credit default, say attorneys at Bleichmar Fonti.
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Nippon Case Illustrates Challenges Of Proving Antitrust Injury
A recent California federal court decision dismissing challenges to Nippon Steel's purchase of U.S. Steel underscores the longtime antitrust precedent that while the limitations of injury are critical for defendants sued under U.S. antitrust laws, showing that the harm is real is the key, says Cameron Regnery at Freeman Mathis.
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How Iran War Might Reshape Proxy Contests This Year
The Iran war may function as a short-term poison pill for proxy contests, not because it strengthens corporate defenses, but because it increases the risks associated with activist commitments, say attorneys at Sidley.
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What To Watch At The 2026 ABA Antitrust Spring Meeting
Attorneys at Freshfields consider the future of antitrust law and competition among developments likely to dominate discussion at the American Bar Association's Antitrust Spring Meeting this week.
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How DOJ's New Corporate Crime Policy Will Work In Practice
The upshot of the Justice Department's new corporate crimes enforcement framework is uniformity for self-reporting companies, but there is uncertainty around how it will be applied in interaction with the Southern District of New York's more lenient, yet unpredictable, financial crimes enforcement program, say attorneys at Cahill Gordon.
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5 Tips For Navigating Your Firm's All-Attorney Summit
Excerpt from Practical Guidance
Law firm retreats should be approached strategically, as they present valuable opportunities to advance both the firm's objectives and attorneys' professional development through meaningful participation, building and strengthening internal relationships, and proactive follow-up, says James Argionis at Cozen O’Connor.
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How Bankrupt Cos. Can Seek Refunds For Illegal Tariffs
In light of the U.S. Supreme Court's recent decision striking down President Donald Trump's International Emergency Economic Powers Act tariffs as illegal, some companies may have strong prospects for recovering refunds from the government, and trustees in bankruptcy may have a significant role to play in seeking such recovery, say attorneys at Stinson.
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Series
Coaching Soccer Makes Me A Better Lawyer
Coaching youth soccer for my 7-year-old son's team has sharpened how I communicate with clients, prepare witnesses, work within teams and think about leadership, making me a more thoughtful and effective lawyer in many ways, says Joshua Holt at Smith Currie.
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Series
Law School's Missed Lessons: The Human Element
Law school teaches you to quickly apply intellect and logic when handling a legal issue, but every fact pattern also involves a person, making the ability to balance expertise with empathy critical to the growth of relationships with clients, colleagues and adversaries, says Rachel Adcox at Adcox Strategies.
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The Benefits Of Choosing A Niche Practice In The AI Age
As artificial intelligence becomes increasingly accessible, lawyers with a niche practice may stand out as clients seek specialized judgment that automation cannot replicate, but it is important to choose a niche that is durable, engaging and a good personal fit, says Daniel Borneman at Lowenstein Sandler.
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Section 122 Tariffs Show Shift In Strategy, Not Trade Policy
By imposing temporary tariffs under Section 122 of the Trade Act as a stopgap measure while it pivots to less transitory statutory authorities, the Trump administration sent a clear message that the U.S. Supreme Court’s decision in Learning Resources v. Trump, invalidating duties imposed under the International Emergency Economic Powers Act, will not precipitate a change in policy direction, say attorneys at Snell & Wilmer.
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Antitrust Crime Enforcement May Escalate Under New Chief
While the recent departure of the Justice Department’s Antitrust Division chief created uncertainty about enforcement priorities, the debut speech from the new acting division head revealed that companies can only expect the division’s focus on vigorous criminal prosecution and offender deterrence to grow, say attorneys at Sidley.