Mergers & Acquisitions

  • December 08, 2025

    Chancery Blocks Opt-Out In $32M Emisphere Settlement

    The Delaware Chancery Court on Monday signed off on a $32 million class settlement over Emisphere Technologies Inc.'s $1.8 billion sale to Novo Nordisk AS, rejecting Emisphere investor IsZo Capital LP's push to opt out and pursue its own claims and trimming the investors' fee request to a 23.5% cut of the fund.

  • December 08, 2025

    EU Clears Mars' $36B Deal For Pringles Maker After Probe

    European competition enforcers approved snack food and candy giant Mars Inc.'s planned $35.9 billion purchase of Cheez-It and Pringles maker Kellanova, after an in-depth review found the move would not give the combined company too much leverage over retailers.

  • December 08, 2025

    3 Firms Advise Antero Natural Gas Asset Buy From HG Energy

    With Vinson & Elkins LLP, Latham & Watkins LLP and Kirkland & Ellis LLP advising, natural gas company Antero Resources Corp. announced an expansion Monday by paying $2.8 billion for assets from HG Energy, while an affiliate reached a separate $1.1 billion acquisition deal with the privately held company.

  • December 08, 2025

    4 Firms Lead $1.51B TC Transcontinental Packaging Deal

    Private equity-backed ProAmpac on Monday unveiled plans to acquire TC Transcontinental Packaging from TC Transcontinental in a $1.51 billion deal built by four law firms.

  • December 08, 2025

    MVP: Cravath's Daniel J. Cerqueira

    Daniel J. Cerqueira of Cravath Swaine & Moore LLP's M&A practice advised on high-profile deals, including Wiz's $32 billion acquisition by Google and Paramount's $28 billion merger with Skydance, earning him a spot as one of the 2025 Law360 M&A MVPs.

  • December 08, 2025

    Paul Weiss Guides IBM On $11B Buy Of Cooley-Led Confluent

    Tech company IBM, advised by Paul Weiss Rifkind Wharton & Garrison LLP, on Monday unveiled plans to acquire data streaming company Confluent, led by Cooley LLP, in an $11 billion deal.

  • December 08, 2025

    KKR Secures $348.9M For European Budget Hotel Acquisition

    Investment firm KKR said Monday that it has provided $348.9 million to support Tristan Capital Partners' acquisition of easyHotel, a budget hotel operator across Europe, in a transaction advised by Bryan Cave Leighton Paisner LLP and Linklaters LLP.

  • December 08, 2025

    Catching Up With Delaware's Chancery Court

    The Delaware Chancery Court delivered a busy first week of December, featuring commercial disputes, post-closing merger and acquisition battles and renewed scrutiny of fiduciary conduct ranging from oil and gas investments to healthcare acquisitions. 

  • December 05, 2025

    Netflix Merger Raises Theatrical Release Antitrust Fears

    Netflix's $82.7 billion play for Warner Bros. Discovery's studio and streaming business drew rebukes Friday from critics and lawmakers on both sides of the political spectrum, but antitrust observers offered a cautious assessment on the prospects of any government challenge.

  • December 05, 2025

    Constellation To Sell Power Plants For $26.6B Calpine Deal

    The U.S. Department of Justice said on Friday that enforcers have reached a deal allowing Constellation Energy Corp.'s $26.6 billion purchase of Calpine Corp. to move ahead, with the sale of power plants located in Delaware, Pennsylvania and Texas.

  • December 05, 2025

    Cancer Detection Biz Going Public Via $1.1B SPAC Merger

    Cancer detection company Freenome Holdings Inc. announced plans Friday to go public through a merger with special purpose acquisition company Perceptive Capital Solutions Corp. in a deal that gives the combined business a post-transaction equity value of $1.1 billion and was built by three law firms.

  • December 05, 2025

    Medline Accused In Chancery Of Withholding $10M Earnout

    A Florida-based holding company and its founder have sued medical supplier Medline in the Delaware Chancery Court, alleging it deliberately refused to make a $10 million payment tied to a 2023 acquisition, missed a hard deadline and is now acting in bad faith to avoid paying the key portion of the sale price.

  • December 05, 2025

    Paul Hastings Steers ITT's $4.8B Purchase Of Lone Star's SPX

    Paul Hastings is guiding ITT Inc. on an agreement to acquire industrial equipment maker SPX Flow Inc. from Lone Star Funds for $4.775 billion in cash and stock, according to an ITT announcement Friday.

  • December 05, 2025

    3 Firms Advise On Netflix's Planned $82.7B Warner Bros Buy

    Netflix said Friday it has agreed to acquire Warner Bros. Discovery's studio and streaming business in a cash-and-stock deal valuing the assets at $82.7 billion, including debt. 

  • December 04, 2025

    Wheeling & Appealing: The Latest Must-Know Appellate Action

    Is the False Claims Act constitutional? Will Mark Zuckerberg be deposed in high-profile privacy litigation? Did a major drugmaker's shenanigans cost investors nearly $7 billion? That's a small sample of the intriguing legal questions we're exploring in this preview of December's top appellate action.

  • December 04, 2025

    Blue Owl Capital Faces Investor Suit Over Redemption Woes

    Alternative investment manager Blue Owl Capital Inc. faces a proposed investor class action alleging that it concealed financial stress related to shareholder redemptions, hurting investors when it disclosed a quarterly earnings miss and announced a merger that could have halted certain private fund redemptions.

  • December 04, 2025

    Solmate To Acquire RockawayX, Creating 'Crypto Giant'

    Solmate Infrastructure, formerly known as Irish sports ownership holding company Brera Holdings, announced Thursday it has entered into a business combination with the blockchain arm of venture capital firm Rockaway Capital, RockawayX.

  • December 04, 2025

    Live Nation Customers Appear Poised For Antitrust Class Cert.

    Consumers accusing Live Nation of monopolizing the live entertainment industry were in a good position Thursday for class certification after a California federal judge issued a tentative ruling that would approve the request and appeared skeptical of the entertainment giant's arguments at a hearing.

  • December 04, 2025

    Fla. High Court Backs University Control Over Nonprofit

    The Florida Supreme Court on Thursday ruled that a university can control a research nonprofit's budget and approve its board members, saying a state law doesn't impair a memorandum of understanding between the two parties. 

  • December 04, 2025

    Del. Justices Nix Challenge To $1.1B Smart & Final Sale

    A three-justice Delaware Supreme Court panel has rejected with little comment a bid to revive a stockholder suit alleging disclosure failures and conflicted moves ahead of the $1.1 billion April 2019 sale of Smart & Final Stores Inc. to interests of Apollo Global Management.

  • December 04, 2025

    Prolonged FTC Review Kills $615M Healthcare Staffing Deal

    Talent software and staffing company Aya Healthcare Inc. abandoned its planned $615 million deal for Cross Country Healthcare Inc. on Thursday, citing uncertainty from an ongoing Federal Trade Commission review that was extended by the government shutdown.

  • December 04, 2025

    26North Scoops $885M Kitchen Unit Stake As 2 Firms Advise

    Kirkland & Ellis LLP and Skadden Arps Slate Meagher & Flom LLP are advising on 26North Partners LP's agreement to buy a 51% stake in the residential kitchen business of The Middleby Corp. at an $885 million value, according to a Thursday announcement. 

  • December 04, 2025

    Rural Carriers Upset Over FCC's AT&T Deal Approval

    Wireless carriers serving rural regions are dismayed at the Federal Communications Commission's staff decision this week to approve AT&T's $1 billion spectrum license deal with UScellular, saying it relies on flawed market analysis.

  • December 04, 2025

    Wachtell Advising OpenAI On Planned Neptune Purchase

    OpenAI has agreed to acquire experiment-tracking startup Neptune, a deal that brings in-house a set of tools designed to give researchers real-time visibility into how large artificial intelligence models learn.

  • December 04, 2025

    KKR-Led Group Sells Stake In Tokyo Hotel, Plus More Rumors

    A group led by private equity behemoth KKR sold its stake in a luxury Tokyo hotel for $800 million, Blackstone is considering dropping its bid for British self-storage company Big Yellow Group, and Australian metals and mining company BHP Group offered to buy British mining company Anglo American for £40 billion ($53 billion) before nixing its offer.

Expert Analysis

  • How AI May Reshape The Future Of Adjudication

    Author Photo

    As discussed at a recent panel at Texas A&M, artificial intelligence will not erase the human element of adjudication in the next 10 to 20 years, but it will drive efficiencies that spur private arbiters to experiment, lead public courts to evolve and force attorneys to adapt, says Christopher Seck at Squire Patton.

  • When Legal Advocacy Crosses The Line Into Incivility

    Author Photo

    As judges issue sanctions for courtroom incivility, and state bars advance formal discipline rules, trial lawyers must understand that the difference between zealous advocacy and unprofessionalism is not just a matter of tone; it's a marker of skill, credibility and potentially disciplinary exposure, says Nate Sabri at Perkins Coie.

  • Series

    Volunteering At Schools Makes Me A Better Lawyer

    Author Photo

    Speaking to elementary school students about the importance of college and other opportunities after high school — especially students who may not see those paths reflected in their daily lives — not only taught me the importance of giving back, but also helped to sharpen several skills essential to a successful legal practice, says Guillermo Escobedo at Constangy.

  • How Trump Administration's Antitrust Agenda Is Playing Out

    Author Photo

    Under the current antitrust agency leadership, the latest course in merger enforcement, regulatory approach and key sectors shows a marked shift from Biden-era practices and includes a return to remedies and the commitment to remain focused on the bounds of U.S. law, say attorneys at Wilson Sonsini.

  • Attacks On Judicial Independence Tend To Manifest In 3 Ways

    Author Photo

    Attacks on judicial independence now run the gamut from gross (bald-faced interference) to systemic (structural changes) to insidious (efforts to undermine public trust), so lawyers, judges and the public must recognize the fateful moment in which we live and defend the rule of law every day, says Jim Moliterno at Washington and Lee University.

  • A Look At Texas Corp. Law Changes Aimed At Dethroning Del.

    Author Photo

    Seeking to displace Delaware as the preferred locale for incorporation, Texas recently significantly amended its business code, including changes like codifying the business judgment rule, restricting books and records demands, and giving greater protections for officers and directors in interested transactions, say attorneys at Fenwick.

  • Series

    Law School's Missed Lessons: Appreciating Civil Procedure

    Author Photo

    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.

  • Calif. Bar Exam Fiasco Shows Why Attys Must Disclose AI Use

    Author Photo

    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.

  • The State Of Play For Bank Merger Act Applications

    Author Photo

    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.

  • Del. Corporate Law Rework May Not Stem M&A Challenges

    Author Photo

    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.

  • Synopsys-Ansys Merger Augurs FTC's Return To Remedies

    Author Photo

    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.

  • In 2nd Place, Va. 'Rocket Docket' Remains Old Reliable

    Author Photo

    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.

  • Operating Via Bank Charter Offers Perks Amid Industry Shift

    Author Photo

    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.

  • How Attorneys Can Become Change Agents For Racial Equity

    Author Photo

    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.

  • Series

    Running Marathons Makes Me A Better Lawyer

    Author Photo

    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.

Want to publish in Law360?


Submit an idea

Have a news tip?


Contact us here
Can't find the article you're looking for? Click here to search the Mergers & Acquisitions archive.