Mergers & Acquisitions

  • August 22, 2025

    UK Launches Formal Probe Into Getty-Shutterstock Merger

    Britain's antitrust authority said Friday that it has launched a formal investigation into the proposed merger of Getty Images and Shutterstock, which would create a $3.7 billion visual content company, to decide whether it will harm competition in U.K. markets.

  • August 22, 2025

    Air Liquide To Buy Korean Gas Supplier In €2.8B Deal

    Air Liquide said Friday it has agreed to buy South Korean rival DIG Airgas from funds managed by Macquarie for an enterprise value of €2.85 billion ($3.31 billion) as the French company seeks to bolster its presence in the Asian market.

  • August 21, 2025

    1st Circ. Rejects Flyers' $34M Fee Bid In JetBlue-Spirit Case

    Passengers who launched an antitrust challenge to the since-scrapped JetBlue-Spirit Airlines merger are not eligible to collect up to $34 million in legal fees, the First Circuit ruled Thursday, finding that because the deal was blocked in a parallel government case, the passengers are not actually the prevailing parties.

  • August 21, 2025

    Nikola SPAC, Related Settlements Reach $33.75M In Del.

    A multi-court string of settlements has produced a $33.75 million proposed payout for stockholders who alleged in direct and derivative state and federal actions that they were misled in deals that took electric vehicle maker Nikola Corp. public.

  • August 21, 2025

    Home Depot's $5.5B GMS Deal Gets DOJ Clearance

    The U.S. Department of Justice has prematurely ended a waiting period that prevented Home Depot's $5.5 billion acquisition of building products distributor GMS Inc. from closing, a day before the home improvement retailer's Friday cash tender offer expiration date, Home Depot announced on Thursday.

  • August 21, 2025

    5 Firms Advise On $1.5B International Paper Fiber Biz Sale

    International Paper Co. has agreed to sell its global cellulose fiber business to private equity firm American Industrial Partners for $1.5 billion, part of a broader effort to focus on sustainable packaging solutions, in a deal steered by five law firms, the companies said on Thursday.

  • August 21, 2025

    V&E, Kirkland Steer Blackstone's $1.6B Shermco Buy

    Private equity giant Blackstone, advised by Vinson & Elkins LLP, on Thursday unveiled plans to buy electrical equipment services company Shermco from middle-market private equity shop Gryphon Investors, both advised by Kirkland & Ellis LLP, in a $1.6 billion deal.

  • August 21, 2025

    KKR Leads Bidding War For Nissan HQ, Plus More Rumors

    Private equity firm KKR is said to be dominating in a bidding war for Nissan Motor's headquarters in Japan, Jared Kushner's private equity firm is rumored to have taken a minority stake in British bank OakNorth, and railroad giant CSX is reportedly facing pressure from activist investment firms to pursue a merger. Here, Law360 breaks down these and other deal rumors from the past week.

  • August 21, 2025

    Alston & Bird Hires Former FTC M&A Overseer In DC

    The former leader of the Federal Trade Commission's Bureau of Competition unit dedicated to reviewing mergers and acquisitions is joining the antitrust team at Alston & Bird LLP's Washington, D.C., office, the firm announced Wednesday.

  • August 21, 2025

    Wachtell, Kirkland Advise On $12.3B Dayforce Take-Private

    Wachtell Lipton is advising Dayforce Inc. on a new agreement to be taken private by Thoma Bravo, represented by Kirkland & Ellis, in an all-cash transaction with an enterprise value of $12.3 billion, Dayforce announced Thursday. 

  • August 21, 2025

    Cantor Equity Partners IV Begins Trading After $400M IPO

    Special purpose acquisition company Cantor Equity Partners IV Inc., sponsored by private equity giant Cantor Fitzgerald, hit the public markets Thursday after pricing its $400 million initial public offering the day prior.

  • August 20, 2025

    Judge Keeps Yale-Prospect Medical Sale Feud In Ch. 11 Court

    A Texas bankruptcy judge on Wednesday paused Yale New Haven Health Services Corp.'s request to reopen a $435 million Connecticut feud over a deal to purchase three hospitals from debtor Prospect Medical Holdings Inc., saying she first wants to hear Prospect's plan to repair the troubled contract.

  • August 20, 2025

    Wash. AG Wins $28M In Fees In Kroger-Albertsons Deal Fight

    A Washington judge has awarded the state attorney general's office $28.4 million in legal fees for its efforts to block the merger between Kroger and Albertsons that was also challenged by the Federal Trade Commission, largely rejecting the grocery giants' objections to a total fee request of $32.4 million.

  • August 20, 2025

    Twitter Shareholders Say Musk Can't Hide Behind Attys

    Twitter shareholders have asked a New York federal judge to force Elon Musk to either hand over discussions he had with his attorneys prior to his pre-acquisition purchase of Twitter shares or to declare that he does not plan to use the advice of counsel defense, saying Musk cannot use his attorneys as both "a sword and a shield."

  • August 20, 2025

    Device Co. Pans FTC's Resistance To $945M Heart Valve Deal

    Edwards Lifesciences Corp. is defending its planned $945 million purchase of JenaValve Technology Inc., telling the Federal Trade Commission the deal is the best way to bring a new lifesaving treatment for a heart valve disorder to the market.

  • August 20, 2025

    Authentic Brands, Guess Founders Take Biz Private For $1.4B

    Luxury apparel company Guess Inc. on Wednesday revealed plans to go private through a sale to a group that includes its founders, CEO and brand platform giant Authentic Brands Group, in a deal that was built by seven law firms and values the clothing company at $1.4 billion, including debt.

  • August 20, 2025

    Claire's Pitches Over $104M Sale Of US Stores In Ch. 11

    Bankrupt jewelry chain Claire's announced plans Wednesday to sell intellectual property and some of its U.S. stores to a private holding company for $104 million in cash as well as other inducements.

  • August 20, 2025

    Freshfields, Weil Build Lowe's $8.8B FBM Buy

    Home improvement giant Lowe's, advised by Freshfields LLP, on Wednesday unveiled plans to buy private equity-backed Foundation Building Materials, led by Weil Gotshal & Manges LLP, in an $8.8 billion deal meant to create a "premier" business to better serve Lowe's home improvement for professionals platform.

  • August 20, 2025

    Simpson-Led Rosebank Completes £1.5B Electrical Biz Deal

    Rosebank Industries PLC said Wednesday that it has completed its acquisition, worth approximately £1.5 billion ($2 billion), of Electrical Components International from Cerberus Capital Management LLP.

  • August 20, 2025

    Software Co. Strangeworks Acquires German AI Tech Biz

    Computing software firm Strangeworks said Wednesday that it has acquired Quantagonia, a German AI-powered technology company, in a move to boost its business opportunities.

  • August 19, 2025

    PE Firm Hit With Contempt, Receiver In Del. Over Legal Bills

    A magistrate in the Delaware Chancery Court has entered an order for contempt and sanctions, as well as a receivership, against private equity firm 777 Partners in its former chief financial officer's suit seeking advancement of legal fees in connection with a fraud investigation and multiple lawsuits related to the company's business.

  • August 19, 2025

    Inovalon Investor Suit Over $7.3B Nordic Deal Gets Class Cert.

    A Delaware chancellor has certified a class of Inovalon Holdings common stockholders who challenged the $7.3 billion go-private sale of the company to Nordic Capital and claimed Inovalon failed to disclose that the investors who bought it paid $400 million in fees to its financial adviser before the transaction. 

  • August 19, 2025

    Live Nation Customers Seek Antitrust Class Certification

    Consumers accusing Live Nation of monopolizing the live entertainment industry are asking to certify a class in California federal court covering millions of concertgoers who have allegedly been overcharged for tickets since the concert promotion giant's 2010 merger with Ticketmaster.

  • August 19, 2025

    Prospect Medical Says Yale Deal Is Top Offer For Hospitals

    Hospital operator Prospect Medical Holdings Inc. has asked to assume a $435 million pre-bankruptcy agreement to sell its three Connecticut hospitals to Yale New Haven Health Services Corp., arguing it contains the "highest possible recovery" for its creditors.

  • August 19, 2025

    Chinese Co. Looks To Enforce $217M Salmon Farming Award

    Chinese agribusiness Joyvio Group Co. Ltd. is asking a Florida federal court to enforce a $217 million arbitral award it won following its nearly $1 billion purchase of a Chilean salmon farming business, after it emerged that the previous owners had deliberately inflated production capacity to drive up the price.

Expert Analysis

  • Opinion

    Aviation Watch: Liability Lessons From 737 Max Blowout

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    The National Transportation Safety Board's recently released report on the 2024 door plug blowout on board a Boeing 737 Max airliner helps illuminate how a company's strategic mistakes can lead to flawed decision-making and supply chain oversight failures, ultimately increasing regulatory and legal exposure, says Alan Hoffman, a retired attorney and aviation expert.

  • Opinion

    Sometimes Int'l Competition Should Trump Antitrust Concerns

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    The U.S. Justice Department's approval of HPE's $14 billion acquisition of Juniper Networks shows that a merger that significantly enhances innovation and competitiveness may serve consumer and national interests despite marginally increasing industry concentration, says John Reeves at Reeves Law.

  • Divest Order Shows How Security Fears Extend CFIUS Scope

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    A recent White House order forcing a Chinese company to divest its 2020 acquisition of a U.S. audiovisual supplier demonstrates the Committee on Foreign Investment in the United States’ growing power to sink foreign transactions over national security concerns — and the enormous risks to U.S. companies from such reviews, say attorneys at Bass Berry.

  • Series

    Quilting Makes Me A Better Lawyer

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    Turning intricate patterns of fabric and thread into quilts has taught me that craftsmanship, creative problem-solving and dedication to incremental progress are essential to creating something lasting that will help another person — just like in law, says Veronica McMillan at Kramon & Graham.

  • SDNY Ruling Reinforces Joint Steering Committee Obligations

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    The recent Southern District of New York decision in ChemImage v. Johnson & Johnson makes joint steering committees a valuable tool in strategic relationships, as provisions for such committees can now be wielded to demand attention to core issues, say Lisa Bernstein at the University of Chicago Law School, and Reginald Goeke and Brad Peterson at Mayer Brown.

  • What 2 Profs Noticed As Transactional Law Students Used AI

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    After a semester using generative artificial intelligence tools with students in an entrepreneurship law clinic, we came away with numerous observations about the opportunities and challenges such tools present to new transactional lawyers, say professors at Cornell Law School.

  • Rebuttal

    BigLaw Settlements Should Not Spur Ethics Deregulation

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    A recent Law360 op-ed argued that loosening law firm funding restrictions would make BigLaw firms less inclined to settle with the Trump administration, but deregulating legal financing ethics may well prove to be not merely ineffective, but counterproductive, says Laurel Kilgour at the American Economic Liberties Project.

  • 5 Ways Lawyers Can Earn Back The Public's Trust

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    Amid salacious headlines about lawyers behaving badly and recent polls showing the public’s increasingly unfavorable view of attorneys, we must make meaningful changes to our culture to rebuild trust in the legal system, says Carl Taylor at Carl Taylor Law.

  • Series

    Hiking Makes Me A Better Lawyer

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    On the trail, I have thought often about the parallels between hiking and high-stakes patent litigation, and why strategizing, preparation, perseverance and joy are important skills for success in both endeavors, says Barbara Fiacco at Foley Hoag.

  • Series

    Law School's Missed Lessons: Negotiation Skills

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    I took one negotiation course in law school, but most of the techniques I rely on today I learned in practice, where I've discovered that the process is less about tricks or tactics, and more about clarity, preparation and communication, says Grant Schrantz at Haug Barron.

  • Opinion

    Andreessen Horowitz's Take On Delaware Is Misguided

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    Hostility toward incorporation in Delaware, as expressed in Andreessen Horowitz's recent announcement that it has moved its primary business from the First State to Nevada, is based on a basket of arguments that fail to stand up to harsher scrutiny, say attorneys at Alto Litigation.

  • ESG-Focused Activism Persists Despite Proxy Curbs

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    Shareholder activism focused on environmental, social and governance factors appears poised to continue, despite the U.S. Securities and Exchange Commission's recent move toward exclusions in proxy voting proposals around ESG, say attorneys at Mintz.

  • Opinion

    Bar Exam Reform Must Expand Beyond A Single Updated Test

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    Recently released information about the National Conference of Bar Examiners’ new NextGen Uniform Bar Exam highlights why a single test is not ideal for measuring newly licensed lawyers’ competency, demonstrating the need for collaborative development, implementation and reform processes, says Gregory Bordelon at Suffolk University.

  • A Simple Way Courts Can Help Attys Avoid AI Hallucinations

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    As attorneys increasingly rely on generative artificial intelligence for legal research, courts should consider expanding online quality control programs to flag potential hallucinations — permitting counsel to correct mistakes and sparing judges the burden of imposing sanctions, say attorneys at Lankler Siffert & Wohl and Connors.

  • Opinion

    SEC Should Restore Its 2020 Proxy Adviser Rule

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    Due to concerns over proxy advisers' accuracy, reliability and transparency, the U.S. Securities and Exchange Commission should reinstate its 2020 rule designed to suppress the influence that they wield in shareholder voting, says Kyle Isakower at the American Council for Capital Formation.

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