Try our Advanced Search for more refined results
Mergers & Acquisitions
-
March 20, 2025
Oracle Eyes Stake In TikTok's US Entity, And More Rumors
Oracle is considering acquiring a stake in TikTok's U.S. operations that would allow the social media giant to continue doing business here under certain security assurances. Meanwhile, Brookfield Asset Management has emerged as the top contender to acquire Colonial Pipeline, and German drugmaker Stada is delaying its IPO until at least September because of market volatility. Here, Law360 breaks down the notable deal rumors from the past week.
-
March 20, 2025
Three Firms Assist On Record $6.1B Boston Celtics Sale
The defending NBA champion Boston Celtics and their longtime owners, represented by Gunderson Dettmer and Cooley LLP, have been purchased for $6.1 billion by a Wachtell Lipton Rosen & Katz-advised group led by private equity firm co-founder William Chisholm, setting a new record for a North American pro sports franchise.
-
March 20, 2025
Medical Malpractice Insurers Ink $1.3B Merger Deal
Physician-owned medical malpractice insurer The Doctors Company has agreed to acquire ProAssurance Corp. in a deal valued at approximately $1.3 billion, in what the company said will create a combined entity with approximately $12 billion in assets.
-
March 20, 2025
Judge Trims Ex-Sales Director's Suit Against Insurer
An Ohio federal judge dismissed parts of a $21 million lawsuit accusing a Cleveland-based life insurance firm of wrongly withholding commissions from a former outside sales director, but left the businessman's claims for defamation and declaratory judgment untouched for further proceedings.
-
March 20, 2025
SoftBank Paying $6.5B For Ampere In AI Infrastructure Push
SoftBank Group Corp. said Thursday it has agreed to acquire Ampere Computing, an independent silicon design company, in an all-cash transaction valued at $6.5 billion, representing a significant expansion of SoftBank's investments in AI infrastructure and computing technologies.
-
March 20, 2025
Energy Production Biz Begins £52M Share Buyback Program
Diversified Energy Co. PLC launched on Thursday a share buyback program worth up to £52.3 million ($68 million), a week after the natural gas producer said it had completed the purchase of energy business Maverick.
-
March 20, 2025
4 Firms Help Seal $11B QXO, Beacon Deal After Buyout Battle
QXO Inc. said Thursday it has agreed to acquire Beacon Roofing Supply Inc. for $11 billion following an at-times contentious takeover attempt that included Beacon's rejection of a prior QXO buyout proposal, in a deal guided by four law firms.
-
March 19, 2025
All GOP FTC Tamps Down Dissent, Ratchets Up Legal Fights
Dissenting voices may become an endangered prospect at the Federal Trade Commission after President Donald Trump fired the agency's two Democrats on Tuesday, with no sign of plans to name new members.
-
March 19, 2025
Fla. Wellness Promoter Sued Over Disloyalty, $13M Side Gig
An investment management firm has sued a longevity expert and human biologist in Florida state civil court over disloyalty in a wellness business venture, alleging he ran a $13 million business on the side despite having a noncompete agreement requiring him to devote most of his time to the company.
-
March 19, 2025
Ex-U.S. Rep. Loses 2nd Circ. Appeal In Insider Trading Case
Former Indiana Rep. Stephen Buyer has failed to convince the Second Circuit to overturn his insider trading conviction or to grant him a new trial, with the appellate court ruling Wednesday to keep his 22-month sentence intact.
-
March 19, 2025
Truth Social Investors Say Suit Doesn't Belong In Fla.
The former CEO of the special purpose acquisition company that took Donald Trump's Truth Social public told a Florida appeals court on Wednesday that the SPAC's lawsuit against him and his company should be filed in Delaware rather than Sarasota.
-
March 19, 2025
QXO Pushes Deadline As Beacon Takeover Talks Press On
QXO extended its Tuesday deadline for Beacon Roofing Supply Inc. shareholders to tender their shares until Wednesday, after announcing earlier in the month that friendly discussions had begun amid the once-hostile takeover bid.
-
March 19, 2025
Google-Wiz Deal Brings Big Test For Trump Enforcers
Google's planned $32 billion acquisition of cloud cybersecurity company Wiz will be a major test for Trump antitrust enforcers, who will need to straddle the line between growing the country's artificial intelligence capabilities and keeping Big Tech's monopoly power in check.
-
March 19, 2025
How Cleary, Simpson Thacher Went To The Mattresses With FTC
The Federal Trade Commission's attempt to block Tempur Sealy's $5 billion bid to acquire retailer Mattress Firm suffered a likely fatal blow when a Texas federal court refused to put the merger on hold.
-
March 19, 2025
Anesthesiology Giant Says Private Antitrust Suit Has No Legs
U.S. Anesthesia Partners wants out of a proposed class action accusing it of monopolizing the Texas anesthesia market through a private equity-powered "roll-up" strategy, saying the man behind the lawsuit doesn't have standing to sue and has simply "repackaged" FTC allegations.
-
March 19, 2025
Law360 Announces The Members Of Its 2025 Editorial Boards
Law360 is pleased to announce the formation of its 2025 Editorial Advisory Boards.
-
March 19, 2025
4 Firms Steer Apollo's Buy Of Majority Stake In Energy Biz
Private equity giant Apollo on Wednesday announced that it has agreed to take a majority stake in offshore energy solutions business OEG Energy Group, in a $1 billion deal that was built by four law firms.
-
March 19, 2025
Del. House Panel Sends Corporate Law Rework To Final Vote
A Delaware House committee on Wednesday sent toward a possible final House vote corporation law amendments that would create new "safe harbor" protections for officers, directors and controlling stockholders, shielding them from liability if they have conflicting interests in some corporate acts.
-
March 19, 2025
Freshfields Guides €3.5B Sale Of Life Insurer Viridium
A consortium that includes German insurer Allianz said Wednesday that it would buy a controlling stake in European life insurance consolidator Viridium Group from Cinven Group Ltd, a private equity firm, for €3.5 billion ($3.8 billion).
-
March 19, 2025
Reed Smith-Led Miami Bids £70M For European Stock Market
The owner of Bermuda Stock Exchange said Wednesday that it has agreed to acquire Guernsey-based The International Stock Exchange for approximately £70.4 million ($91 million) in a deal guided by Reed Smith LLP, Ashurst LLP, Mourant Ozannes LLP and Walkers LLP.
-
March 19, 2025
Advanced Instruments Buys Nova Biomedical In $2.2B Deal
Biopharmaceutical and clinical markets analytical instruments provider Advanced Instruments, repped by Simpson Thacher & Bartlett LLP, on Wednesday unveiled plans to acquire Nova Biomedical, advised by Davis Polk & Wardwell LLP, from its founding shareholders for an enterprise value of $2.2 billion.
-
March 19, 2025
Milbank Steers EQT's €890M Sale Of Rail Biz To Wabtec
Swedish investment giant EQT has agreed to sell Dellner Couplers to U.S. company Wabtec Corp. in a deal that values the train connection systems maker at approximately €890 million ($971 million) and was guided by Milbank LLP, Jones Day and Vinge.
-
March 18, 2025
Emisphere, Novo Nordisk Sale Suit On Track For Settlement
Former Emisphere Technologies Inc. stockholders are set to settle stockholder litigation over the $1.8 billion sale of the biotechnology company to Novo Nordisk A/S, a Robbins Geller Rudman & Dowd LLP attorney informed Delaware's Chancery Court on Tuesday, saying a stipulation of settlement should be in next month.
-
March 18, 2025
Trump Fires FTC's Democrats, But Both Vow To Fight
President Donald Trump fired the Federal Trade Commission's two Democrats on Tuesday, a move the commissioners vowed to fight and that further tees up the brewing legal battle over separation between the White House and independent agencies.
-
March 18, 2025
Gibson Dunn Adds Capital Markets Partner In New York
Gibson Dunn & Crutcher LLP has added a partner from Latham & Watkins LLP in New York, strengthening its capital markets practice group and expanding its expertise in high-yield debt, private credit and restructuring transactions.
Expert Analysis
-
How BIS' Rule Seeks To Encourage More Voluntary Disclosure
Updated incentives, penalties and enforcement resources in the Bureau of Industry and Security's recently published final rule revising the Export Administration Regulations should help companies decide how to implement export control compliance programs and whether to disclose possible violations, say attorneys at Freshfields.
-
8 Childhood Lessons That Can Help You Be A Better Attorney
A new school year is underway, marking a fitting time for attorneys to reflect on some fundamental life lessons from early childhood that offer a framework for problems that no legal textbook can solve, say Chris Gismondi and Chris Campbell at DLA Piper.
-
Harris Unlikely To Shelve Biden Admin's Food Antitrust Stance
A look at Vice President Kamala Harris' past record, including her actions as California attorney general, shows why practitioners should prepare for continued aggressive antitrust enforcement, particularly in the food and grocery industries, if Harris wins the presidential election, says Steve Vieux at Bartko.
-
Opinion
This Election, We Need To Talk About Court Process
In recent decades, the U.S. Supreme Court has markedly transformed judicial processes — from summary judgment standards to notice pleadings — which has, in turn, affected individuals’ substantive rights, and we need to consider how the upcoming presidential election may continue this pattern, says Reuben Guttman at Guttman Buschner.
-
Series
Playing Diplomacy Makes Us Better Lawyers
Similar to the practice of law, the rules of Diplomacy — a strategic board game set in pre-World War I Europe — are neither concise nor without ambiguity, and weekly gameplay with our colleagues has revealed the game's practical applications to our work as attorneys, say Jason Osborn and Ben Bevilacqua at Winston & Strawn.
-
Mental Health First Aid: A Brief Primer For Attorneys
Amid a growing body of research finding that attorneys face higher rates of mental illness than the general population, firms should consider setting up mental health first aid training programs to help lawyers assess mental health challenges in their colleagues and intervene with compassion, say psychologists Shawn Healy and Tracey Meyers.
-
John Deere Penalty Shows Importance Of M&A Due Diligence
The U.S. Securities and Exchange Commission's recent $10 million penalty against John Deere underscores the risks of not conducting robust preacquisition due diligence and not effectively integrating a new subsidiary into the existing compliance framework, say attorneys at Ropes & Gray.
-
8 Issues AI Firms May Encounter As M&A Action Accelerates
As the AI merger climate heats up, potential complications may arise, including antitrust scrutiny, talent retention agreements, and aggressive and protective deal terms intended to compensate for lofty valuations, say Scott Schwartz and Kishan Barot at Manatt.
-
Series
Collecting Art Makes Me A Better Lawyer
The therapeutic aspects of appreciating and collecting art improve my legal practice by enhancing my observation skills, empathy, creativity and cultural awareness, says attorney Michael McCready.
-
Del. Dispatch: Cautionary Tales Of 2 Earnout Effort Breaches
The Delaware Court of Chancery's tendency to interpret earnout provisions precisely as written, highlighted in two September rulings that found buyers breached their shareholder obligations when they failed to make reasonable efforts to hit certain product development milestones, demonstrates the paramount importance of precisely wording these agreements, say attorneys at Fried Frank.
-
Building US-Japan Relationships In The M&A Market
The prospect of U.S.-Japanese mergers and acquisitions presents stronger competition to U.S. investors in the global M&A markets, while also opening up an additional exit route for sellers looking to offload strategic assets, says Nick Wall at A&O Shearman.
-
Litigation Inspiration: Honoring Your Learned Profession
About 30,000 people who took the bar exam in July will learn they passed this fall, marking a fitting time for all attorneys to remember that they are members in a specialty club of learned professionals — and the more they can keep this in mind, the more benefits they will see, says Bennett Rawicki at Hilgers Graben.
-
Opinion
AI May Limit Key Learning Opportunities For Young Attorneys
The thing that’s so powerful about artificial intelligence is also what’s most scary about it — its ability to detect patterns may curtail young attorneys’ chance to practice the lower-level work of managing cases, preventing them from ever honing the pattern recognition skills that undergird creative lawyering, says Sarah Murray at Trialcraft.
-
Key Takeaways From DOJ's New Corp. Compliance Guidance
The U.S. Department of Justice’s updated guidance to federal prosecutors on evaluating corporate compliance programs addresses how entities manage new technology-related risks and expands on preexisting policies, providing key insights for companies about increasing regulatory expectations, say attorneys at Debevoise.
-
How Lucia, Jarkesy Could Affect Grocery Merger Challenge
While the Federal Trade Commission is taking a dual federal court and administrative tribunal approach to block Kroger's merger with Alberstons, Kroger's long-shot unconstitutionality claims could potentially lead to a reevaluation of the FTC's reliance on administrative processes in complex merger cases, say attorneys at Saul Ewing.