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Mergers & Acquisitions
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January 09, 2026
Elliott, Morning Calm Complete City Office REIT Take-Private
A joint venture of activist investor Elliott Investment Management and real estate investment firm Morning Calm Management completed its acquisition of Canada-based City Office REIT, in a take-private deal for $7 per share of common stock.
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January 09, 2026
Skechers, Tech Co. Investors Sue For Stock Appraisals In Del.
New entrants have joined two stock appraisal suits now before Delaware's Court of Chancery, potentially adding millions to the stakes in existing battles over the value of shares of footwear venture Skechers Inc. and restaurant software company Olo Inc.
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January 09, 2026
Taxation With Representation: King & Spalding, Torys, Milbank
In this week's Taxation With Representation, power generation company Vistra Corp. acquires Cogentrix Energy from Quantum Capital Group, real estate firm Minto Group partners with Crestpoint Real Estate Investments to take Minto's apartment-focused real estate investment trust private, and engineering services provider Jacobs acquires a remaining stake in PA Consulting.
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January 09, 2026
NC Biz Court Bulletin: Trade Secrets Row, A Patient Data Deal
The North Carolina Business Court closed out the year by tossing a trade secrets fight brought by a corrugated packing manufacturer against its onetime star salesman and signing off on a $2.45 million settlement ending claims a healthcare system sold patients' data to Meta.
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January 09, 2026
Mining Giants Glencore, Rio Tinto Confirm Merger Talks
Anglo-Swiss mining giant Glencore said Friday that it is in talks with British rival Rio Tinto for a possible megamerger that could create the world's largest company in the industry, in a deal worth more than $200 billion.
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January 08, 2026
4 Firms Steer Coincheck's $111M Acquisition Of Crypto Firm
The Netherlands-based holding company of Japanese digital asset exchange Coincheck Group NV has inked an agreement to become the beneficial owner of nearly all shares of Canadian alternative digital asset manager 3iQ Corp. in a deal valued at $111 million. It's guided by Dutch firm De Brauw Blackstone Westbroek, Simpson Thacher & Bartlett LLP in the U.S. and Canadian firms Stikeman Elliott and Wildeboer Dellelce LLP.
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January 08, 2026
FTC Battles Edwards On Eve Of Heart Valve Merger Deadline
The Federal Trade Commission asked a D.C. federal judge for a last-minute extension on an order blocking Edwards Lifesciences' $945 million acquisition of JenaValve Technology Inc., fearing difficulty with unscrambling the egg if the block expires Friday, the judge rejects its merger challenge and the deal closes before the agency can appeal.
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January 08, 2026
States Can't Block HPE Integration Amid Deal Review
A California federal court refused Thursday to bar Hewlett Packard Enterprise from further integrating with Juniper Networks while state enforcers raise objections to a U.S. Department of Justice settlement allowing the merger to move ahead.
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January 08, 2026
Satellite Co. Pays $175K To End FCC's Team Telecom Case
The Federal Communications Commission has agreed in return for a $175,000 payment to end its probe into whether a Luxembourg satellite company violated a national security deal with the U.S. government.
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January 08, 2026
2 Firms Guide Eli Lilly's $1.2B Ventyx Biosciences Acquisition
Eli Lilly and Co. has agreed to acquire Ventyx Biosciences Inc., a San Diego-based clinical-stage biopharmaceutical company, for about $1.2 billion in cash, with Ropes & Gray LLP and Wilson Sonsini Goodrich & Rosati PC advising.
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January 08, 2026
Fla. Man Avoids Jail For Insider Trades On ADT-Google Deal
A Florida man avoided a prison sentence Thursday after pleading guilty to insider trading on a Google-ADT deal and was instead sentenced to a term of probation when a judge found "extraordinary" circumstances warranted a lesser sentence.
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January 08, 2026
3 Firms Advise On $500M Good Culture PE Buyout
Consumer-focused investment firm L Catterton has agreed to purchase a majority stake in Good Culture in a deal that values the dairy brand at $500 million, with law firms Winston & Strawn LLP, Kirkland & Ellis LLP and Cooley LLP advising, Good Culture said Thursday.
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January 08, 2026
Computacenter To Buy US Services Biz For $120M
British technology company Computacenter PLC said Thursday that it has agreed to acquire a professional services business based in the U.S., AgreeYa Solutions Inc., for up to $120 million to boost its cloud, automation and artificial intelligence capabilities.
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January 08, 2026
Willkie Helps Mutares Buy Thermoplastics Biz For $450M
German private equity firm Mutares said Thursday that it will buy the European and American thermoplastics business of Sabic, a Saudi Arabian chemicals heavyweight, for $450 million in the largest transaction it has ever made.
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January 07, 2026
House Talks Market Share Regarding Netflix-WB Merger
Rapid consolidation in the streaming market was on the minds of members of the House Judiciary Committee's subcommittee on antitrust when they met Wednesday, with Democrats questioning if competition was being threatened and if the president was exerting too much influence on merger reviews.
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January 07, 2026
BlackSky Satellite SPAC Suit Settles In Del. For $7.5M
Special purpose acquisition company Osprey and several of its top brass on Wednesday reached a $7.5 million deal to resolve litigation in Delaware Chancery Court alleging they protected their buy-ins while leaving public investors to suffer losses following a merger with satellite imaging company BlackSky.
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January 07, 2026
Satellite Biz Chairman Sued After Flip-Flop On Lockheed Sale
A former Terran Orbital Corp. stockholder alleged in a potential class action Wednesday that the satellite company's co-founder flipped his stance on the $450 million sale to Lockheed Martin Corp. after being promised a $6 million bonus contingent on the transaction's completion.
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January 07, 2026
Genesis Cleared For New Ch. 11 Auction And Stalking Horse
Nursing home operator Genesis Healthcare may hold a new Chapter 11 auction with a fresh stalking horse offer worth nearly $1 billion, a Texas bankruptcy judge ruled Wednesday, a month after she nixed the results of its previous auction.
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January 07, 2026
FCC Urged To Revisit AT&T-UScellular Spectrum Deal OK
Consumer advocates are teaming up with rural wireless carriers to call for the Federal Communications Commission to reverse its recent approval of a $1 billion deal for AT&T to snap up spectrum held by broken-up UScellular.
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January 07, 2026
Warner Bros. Again Tells Shareholders To Nix Paramount Bid
Warner Bros. Discovery on Wednesday implored shareholders to reject Paramount Skydance Corp.'s amended hostile takeover offer, saying the media conglomerate remains committed to the $82.7 billion deal it reached with Netflix in December.
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January 07, 2026
DOJ Seeks Nod For HPE Merger Deal Over State Objections
The U.S. Department of Justice has requested court approval for its settlement that would end a challenge of Hewlett Packard Enterprise's acquisition of a networking equipment rival, despite objections raised by state enforcers over allegations of improper lobbying influence.
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January 07, 2026
Compass' $1.6B Anywhere Buy Goes Unchallenged By Government
Real estate brokerage Compass Inc.'s $1.6 billion acquisition of Anywhere Real Estate Inc. is expected to move forward Wednesday without being scrutinized by the federal government even though congressional lawmakers previously urged the government to do so.
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January 07, 2026
3 Firms Guide Apollo's $3.5B Data Center Financing
Apollo-managed funds and affiliates provided $3.5 billion to a fund managed by Valor Equity Partners, a financing arranged by Latham & Watkins, Proskauer Rose and Sullivan & Cromwell that will back the acquisition and lease of data center infrastructure to Elon Musk's xAI Corp.
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January 07, 2026
Paul Weiss-Led D-Wave To Buy Quantum Circuits For $550M
Paul Weiss Rifkind Wharton & Garrison LLP-advised quantum computing company D-Wave Quantum Inc. unveiled plans Wednesday to acquire Quantum Circuits Inc. in a $550 million cash and stock deal.
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January 07, 2026
Saba Capital Queries Investment Trust Cut In SpaceX Stake
U.S. hedge fund Saba accused Edinburgh Worldwide Investment Trust's board of failing to act in shareholders' interests in an open letter on Wednesday, following a sharp reduction in the trust's holding in SpaceX just weeks before a major revaluation of the rocket company.
Expert Analysis
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Series
Law School's Missed Lessons: Appreciating Civil Procedure
If you’re like me, law school’s often complex and theoretical approach to teaching civil procedure may have contributed to an early struggle with the topic, but when seen from a practical perspective, new lawyers may find they enjoy mastering these rules, says Chloe Villagomez at Foster Garvey.
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Calif. Bar Exam Fiasco Shows Why Attys Must Disclose AI Use
The recent revelation that a handful of questions from the controversial California bar exam administered in February were drafted using generative artificial intelligence demonstrates the continued importance of disclosure for attorneys who use AI tools, say attorneys at Troutman.
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The State Of Play For Bank Merger Act Applications
Both the Office of the Comptroller of the Currency's recent reversal of changes to its bank merger policies and the Federal Deposit Insurance Corp.'s rescission of its 2024 statement may be relevant for all banks considering a transaction, as responsibility for review depends on the identity of the parties and the transaction structure, say attorneys at Davis Polk.
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Del. Corporate Law Rework May Not Stem M&A Challenges
While Delaware's S.B. 21 introduced significant changes regarding controllers and conflicted transactions by limiting what counts as a controlling stake and improving safe harbors, which would seem to narrow the opportunities to challenge a transaction as conflicted, plaintiffs bringing shareholder derivative claims may merely become more resourceful in asserting them, say attorneys at Debevoise.
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Synopsys-Ansys Merger Augurs FTC's Return To Remedies
The Federal Trade Commission's recent approval of $35 billion merger between Synopsys and Ansys, subject to the divestiture of certain assets, signals a renewed preference for settlements over litigation, if the former can preserve competition and a robust structural remedy is available, say attorneys at Simpson Thacher.
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In 2nd Place, Va. 'Rocket Docket' Remains Old Reliable
The U.S. District Court for the Eastern District of Virginia was again one of the fastest civil trial courts in the nation last year, and an interview with the court’s newest judge provides insights into why it continues to soar, says Robert Tata at Hunton.
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Operating Via Bank Charter Offers Perks Amid Industry Shift
As bank regulators become more receptive to streamlining barriers that have historically stood in the way of de novo bank formation, and as fintechs show more interest in chartering, attorneys at Goodwin outline the types of charters available and their benefits.
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How Attorneys Can Become Change Agents For Racial Equity
As the administration targets diversity, equity and inclusion efforts and law firms consider pulling back from their programs, lawyers who care about racial equity and justice can employ four strategies to create microspaces of justice, which can then be parlayed into drivers of transformational change, says Susan Sturm at Columbia Law School.
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Series
Running Marathons Makes Me A Better Lawyer
After almost five years of running marathons, I’ve learned that both the race itself and the training process sharpen skills that directly translate to the practice of law, including discipline, dedication, endurance, problem-solving and mental toughness, says Lauren Meadows at Swift Currie.
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5 Ways In-House Counsel Can Stay Ahead Of New HSR Rules
Now that the Trump administration’s new Hart-Scott-Rodino Act rules have been in effect for several months, in-house counsel should consider several practice pointers that can help spearhead management of M&A-related antitrust risk, say attorneys at Squire Patton.
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Series
Law School's Missed Lessons: Supporting A Trial Team
While students often practice as lead trial attorneys in law school, such an opportunity likely won’t arise until a few years into practice, so junior associates should focus on honing skills that are essential to supporting a trial team, including organization, adaptability and humility, says Lucy Zelina at Tucker Ellis.
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Recent Complex Global Deals Reveal Regulatory Trends
An analysis of six complex global deals that were completed or abandoned in the last year suggests that, while such deals continue to face significant and lengthy scrutiny across the U.S, U.K. and European Union, the path to closing may have eased slightly compared to recent years, say attorneys at Weil.
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Series
Adapting To Private Practice: From US Attorney To BigLaw
When I transitioned to private practice after government service — most recently as the U.S. attorney for the Eastern District of Virginia — I learned there are more similarities between the two jobs than many realize, with both disciplines requiring resourcefulness, zealous advocacy and foresight, says Zach Terwilliger at V&E.
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Opportunity Zone Revamp Could Improve The Program
If adopted, the budget bill's new iteration of the opportunity zone program could renew, refine and enhance the effectiveness and accountability of the original program by including structural reforms, expanded eligibility rules and incentives for rural investment, say attorneys at Pillsbury.
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The Ins And Outs Of Consensual Judicial References
As parties consider the possibility of judicial reference to resolve complex disputes, it is critical to understand how the process works, why it's gaining traction, and why carefully crafted agreements make all the difference, say attorneys at Pillsbury.