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Mergers & Acquisitions
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March 25, 2026
Split Del. High Court Affirms Paramount Merger Docs Ruling
In a split decision, the Delaware Supreme Court on Wednesday agreed with a lower court's finding that news articles containing anonymous sourcing were reliable enough to support investors' demands for records pertaining to Paramount Global's merger with Skydance Media.
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March 25, 2026
Oak View Exec Tells Jury Of Deal To Hype Ticketmaster
The CEO of Oak View Group told a Manhattan federal jury Wednesday that his company didn't inform other venue owners that it was being paid to "advocate" for them to use Ticketmaster as a vendor for ticketing services, but said he still would recommend the Live Nation subsidiary anyway since it's the best in the business.
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March 25, 2026
Nexstar Says No Harm On The Horizon From $6.2B Tegna Deal
Nexstar and Tegna have come out swinging against a "last-minute, unfounded" attempt by eight states to block the companies from continuing to co-mingle their businesses following their $6.2 billion television station merger after receiving the go-ahead from the Federal Communications Commission.
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March 25, 2026
Tax-Credit Cliff Sparks M&A Rush For Clean Energy
The looming July cutoff to maintain eligibility for clean electricity investment and production tax credits is sparking a dealmaking spree as smaller developers who are unable to meet the deadline begin looking to sell projects to deeper-pocketed players who can.
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March 25, 2026
S. Korea, Elliott Dispute Over Samsung Merger Set To Restart
South Korea's Ministry of Justice said Wednesday it is preparing for U.S. hedge fund Elliott Associates to resubmit its claim accusing the government of interfering in an $8 billion merger between two Samsung affiliates in 2015, weeks after a London court set aside a previous award in the dispute.
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March 25, 2026
Conn. Regulators Approve $2.4B Eversource Water Co. Sale
Connecticut's Public Utilities Regulatory Authority on Wednesday approved the transfer of Eversource subsidiary Aquarion Co. to a new public water authority created by the state Legislature, subject to several conditions, while admitting the $2.35 billion price tag placed the deal "on the knife's edge of a public interest finding."
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March 25, 2026
Colo. AG Says States Must Guard Rule Of Law In Antitrust
Colorado Attorney General Philip J. Weiser said on Wednesday that state enforcers need to uphold the rule of law when it comes to antitrust enforcement because the U.S. Department of Justice is allowing lobbyists to influence outcomes.
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March 25, 2026
Arxis Files IPO As More Defense Firms Seek Public Listings
Military electronics and components maker Arxis has filed plans for an initial public offering, marking the second military technology company to launch plans for a public debut this week as more aerospace and military companies seek the public markets.
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March 25, 2026
After Overhaul Nixed, FTC, DOJ Mull New Merger Rulemaking
The Federal Trade Commission and the U.S. Department of Justice are not giving up on attempting to overhaul the "insufficient" half-century-old merger notification form after its replacement was just struck down by a Texas federal judge, with the agencies now seeking public comment as they mull "a new rulemaking process."
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March 25, 2026
Insurer Need Not Cover Parkinson's Drug Antitrust Dispute
An insurer does not owe coverage in an antitrust suit accusing a pharmaceutical company of suppressing generic versions of the Parkinson's treatment Apokyn, a Maryland federal judge ruled, finding the dispute does not involve "securities claims" covered under the insurer's policy.
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March 25, 2026
3 Canadian Law Firms Steer $6.5B Boralex PE Buyout
Brookfield Asset Management and La Caisse have agreed to acquire all of Boralex Inc.'s outstanding shares in a deal that gives the Canadian renewable power producer an enterprise value of CA$9 billion, or about $6.5 billion, according to a deal announcement Wednesday.
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March 25, 2026
Covington, Freshfields Advise On $6.7B Merck Oncology Deal
Merck & Co. said Wednesday it will acquire clinical-stage oncology company Terns Pharmaceuticals Inc. for $53 per share in cash, giving the deal an equity value of $6.7 billion.
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March 25, 2026
Diageo To Sell Indian Cricket Team To Blackstone For $1.8B
Guinness owner Diageo PLC said Wednesday that it is selling Indian cricket champions Royal Challengers Bengaluru to a consortium including Blackstone for 166.6 billion Indian rupees ($1.77 billion).
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March 24, 2026
Charlie Javice Can't Get Retrial Based On Clerk Conflicts
A New York federal judge Tuesday shot down a retrial bid from Charlie Javice, who was convicted of conning JPMorgan Chase & Co. into buying her financial aid startup Frank, rejecting her argument that there was a conflict of interest because clerks who worked on the trial accepted jobs with the bank's firm.
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March 24, 2026
Iowa Asks 5th Circ. To Ax 'Uncertain' Schwab Antitrust Deal
Iowa's attorney general Monday pressed the Fifth Circuit to reject investors' deal with The Charles Schwab Corp. in an antitrust suit over its merger with TD Ameritrade, arguing it offers only uncertain and hypothetical relief to class members while giving named plaintiffs and class counsel a "windfall."
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March 24, 2026
Conservative Group Bucks Trump, FCC On Nexstar Deal
A major conservative group has come out swinging against the Federal Communications Commission's decision to waive the national TV broadcast ownership cap to let the merger of media giants Nexstar and Tegna move forward.
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March 24, 2026
6 Firms Guide Gilead's $2.2B Autoimmune Drug Play
Gilead Sciences Inc. has agreed to acquire privately held Ouro Medicines for up to $2.175 billion and is in advanced discussions with Galapagos NV on a potential research and development collaboration on the assets, according to an announcement late Monday from Gilead.
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March 24, 2026
Paul Hastings M&A, Energy Team Joins HSF Kramer In NY
Herbert Smith Freehills Kramer LLP announced on Tuesday that it has hired a team of transactional attorneys from Paul Hastings LLP, one of whom will head its Americas energy, mining and infrastructure team.
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March 24, 2026
Baker Botts-Led Energy Drilling Firm HMH Eyes $231M In IPO
HMH Holdings, a Houston-based oil and gas equipment manufacturer, said it is aiming to raise up to $231 million during an initial public offering set to price next week, after Baker Botts LLP and Latham & Watkins LLP advised plans for the IPO in 2024.
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March 24, 2026
$18M Deal Sparks Noncompete Fight In Del. Chancery
Enviracore Services Group LLC has sued the former owner of an environmental services company it bought for about $18 million, accusing him of flouting a noncompete agreement, diverting business and withholding key assets in a dispute now before the Delaware Court of Chancery.
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March 24, 2026
Apollo $3.7B Nippon Deal Marks Its Largest Japan Investment
Apollo said it has agreed to purchase Japan's Nippon Sheet Glass Co. at a $3.7 billion enterprise value, in a transaction that the private equity firm said would be its largest-ever private equity investment in Japan.
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March 24, 2026
Janus Agrees To Bolstered Trian, General Catalyst Proposal
Janus Henderson said Tuesday it has agreed to a higher cash offer from Trian Fund Management and General Catalyst Group following its review of a competing proposal from Victory Capital Management.
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March 24, 2026
Estée Lauder Confirms Merger Talks With Spain's Puig
U.S. cosmetics giant Estée Lauder has confirmed it is in talks to merge with Puig, a Spanish fashion and beauty group, to create a combined business with sales of around $20 billion.
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March 23, 2026
DC Circ. Told It Must Put A Stop On Nexstar-Tegna Merger
The Federal Communications Commission broke the law when it waived the 39% ownership cap that limits broadcasters to a certain share of the national market in order to approve Nexstar's $6.2 billion acquisition of Tegna, according to two new appeals.
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March 23, 2026
Insurers Seek Early Win In $22M Berkshire Antitrust Case
A group of insurers sued by a Berkshire Hathaway-owned construction supplier have asked a Colorado federal judge for an early win in the suit, claiming they have no duty to indemnify the damages in an underlying antitrust suit.
Expert Analysis
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7 Ways In-House Counsel May Unearth Red Flags In AI M&A
In-house counsel and executives conducting M&A due diligence in the artificial intelligence arena can surface hidden liabilities and avoid problems or divestitures by adopting strategies in key areas, including intellectual property provenance and postclose risk management, say attorneys at Reed Smith.
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Series
Fly-Fishing Makes Me A Better Lawyer
Much like skilled attorneys, the best anglers prize preparation, presentation and patience while respecting their adversaries — both human and trout, says Rob Braverman at Braverman Greenspun.
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4 Ways GCs Can Manage Growing Service Of Process Volume
As automation and arbitration increase the volume of legal filings, in-house counsel must build scalable service of process systems that strengthen corporate governance and manage risk in real time, says Paul Mathews at Corporation Service Co.
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Series
The Law Firm Merger Diaries: Forming Measurable Ties
Relationship-building should begin as early as possible in a law firm merger, as intentional pathways to bringing people together drive collaboration, positive client response, engagements and growth, says Amie Colby at Troutman.
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5 E-Discovery Predictions For 2026 And Beyond
2026 will likely be shaped by issues ranging from artificial intelligence regulatory turbulence to potential evidence rule changes, and e-discovery professionals will need to understand how to effectively guide the responsible and defensible adoption of emerging tools, while also ensuring effective safeguards, say attorneys at Littler.
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Series
Judges On AI: How Courts Can Boost Access To Justice
Arizona Court of Appeals Judge Samuel A. Thumma writes that generative artificial intelligence tools offer a profound opportunity to enhance access to justice and engender public confidence in courts’ use of technology, and judges can seize this opportunity in five key ways.
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Opinion
The Case For Emulating, Not Dividing, The Ninth Circuit
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.
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Banking M&A Outlook Reflects Favorable Regulatory Climate
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.
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Series
Muay Thai Makes Me A Better Lawyer
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.
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Series
Law School's Missed Lessons: Intentional Career-Building
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.
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Chancery Exec Noncompete Ruling Offers PE Buyer Lessons
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.
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How Shareholder Activism Fared In 2025
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.
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Key Trends In Healthcare Antitrust In 2025
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.
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Preparing For Congressional Investigations In A Midterm Year
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.
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How Bank M&A Prospects Brightened In 2025
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.