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Mergers & Acquisitions
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									September 18, 2025
									Group Of US Investors To Buy TikTok, Plus More RumorsA consortium of big-name buyers including Oracle, Silver Lake and Andreessen Horowitz are rumored to be taking a majority stake in TikTok after a long search to find the app a U.S. owner; Paramount Skydance is reportedly ready to make an offer for Warner Bros. Discovery; and private equity shop CVC is close to inking a $1.5 billion deal to acquire web-hosting provider Namecheap. Here, Law360 breaks down these and other deal rumors from the past week. 
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									September 18, 2025
									Sidley-Led Roche To Buy US Pharma Biz For $3.5BSwiss pharmaceutical behemoth Roche Holding AG said Thursday that it has agreed to acquire U.S.-based clinical-stage biopharmaceutical company 89bio Inc. for up to approximately $3.5 billion to boost its portfolio in treatments for cardiovascular, renal and metabolic diseases. 
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									September 18, 2025
									Investor EQT Wraps Up Deal For Majority Stake In Energy BizSwedish investment firm EQT said Thursday that it has completed its acquisition of a majority stake in natural gas producer Waga, paving the way for a full takeover of the business. 
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									September 17, 2025
									Chancery Mulls Limited Discovery In $8.7B Cerevel Sale SuitA Delaware vice chancellor said Wednesday he is considering denial of a motion to dismiss as well as limited plaintiff discovery in a suit accusing Cerevel Therapeutics Holdings Inc. insiders of lining up a secondary stock sale ahead of the biopharma's disclosure of a proposed $8.7 billion sale to AbbVie. 
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									September 17, 2025
									Chancery Approves $30M Match.com Spinoff Suit SettlementA Delaware vice chancellor approved a $30 million mediated settlement Wednesday to resolve a five-year dispute over the fairness of Match.com's 2019 reverse spinoff from Barry Diller-controlled IAC/Interactive, with stockholder attorneys taking home $6.9 million. 
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									September 17, 2025
									ADNOC-Led Group Abandons $18.7B Bid For SantosA consortium led by a subsidiary of Abu Dhabi National Oil Company said Wednesday it has abandoned a roughly $18.7 billion non-binding takeover lobbed at global energy company Santos Ltd. back in June. 
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									September 17, 2025
									FTC Sends White House List Of Regulations For DeletionThe Federal Trade Commission provided the White House with a report on Wednesday recommending that more than 125 regulations from agencies across the federal government be modified or deleted because they create barriers to competition. 
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									September 17, 2025
									Spencer Fane Adds Corporate, RE Attys In The MidwestSpencer Fane LLP announced the addition of two new attorneys in the Midwest this week — a partner joining its corporate and business transactions group and a counsel joining its real estate group. 
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									September 17, 2025
									3 Firms Advise On I Squared's $800M Entek Stake PurchaseI Squared Capital announced Wednesday it has agreed to acquire a majority equity interest in battery separator maker Entek for $800 million, as part of a partnership with the U.S. Department of Energy, in a deal steered by three law firms. 
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									September 17, 2025
									Sky-High AI Valuations Are Reshaping Dealmaking PlaybookThe latest financing for Anthropic underscores how difficult it has become to dismiss sky-high valuations backing AI as froth, and shows how such numbers could reshape acquisition and exit strategies while exposing investors to heightened legal and financial risks. 
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									September 17, 2025
									Yale Health System Settles $435M Hospital Sale SuitYale New Haven Health Services Corp., Connecticut's largest hospital system, has reached a settlement in principle with bankrupt Prospect Medical Holdings Inc. that would resolve a $435 million contract dispute over the sale of several hospitals in the state. 
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									September 17, 2025
									Skadden, Latham Guide $1.6B Paramount Real Estate DealReal estate investment trust Paramount Group will be sold to asset manager Rithm Capital Corp. for about $1.6 billion, with Skadden Arps Slate Meagher & Flom LLP advising Rithm and Latham & Watkins LLP representing Paramount, the companies said Sept. 17. 
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									September 16, 2025
									Alamos Gold Ends $1B Turkey Dispute With $470M DealCanadian mining company Alamos Gold has agreed to end its $1 billion claim against Turkey after the country nixed its permit for a lucrative gold mining project, once a deal to sell its Turkish subsidiary to a unit of Turkish conglomerate Nurol Holding is completed. 
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									September 16, 2025
									FTC Ends Director Overlap In Healthcare SpaceThe Federal Trade Commission said three members of Sevita Health's board of directors resigned after enforcers flagged an overlap with the board of a competing provider of specialty healthcare for people with intellectual and developmental disabilities. 
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									September 16, 2025
									Latham, Cooley Lead Ticket Sales Giant StubHub's $800M IPOStubHub, an online ticket reseller backed by private equity and venture capital firms, is set to hit the public markets Wednesday after pricing an $800 million initial public offering within its targeted range. 
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									September 16, 2025
									Avalara Investors' Claims Pass Muster After 9th Circ. RevivalA Washington federal judge has allowed a proposed class action to proceed accusing tax software company Avalara Inc. of misleading investors ahead of an $8.4 billion deal to take the company private, but said the suit failed to adequately allege negligence by individual board members, giving investors one week to amend those claims. 
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									September 16, 2025
									BlackRock Blames Coal Production Cuts On Falling DemandBlackRock Inc. told a Texas federal court that coal production has declined because demand from coal-fired power plants has been falling for years, not because asset managers conspired to pressure the producers. 
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									September 16, 2025
									AI Startup Boost Run To Go Public Via $614M SPAC MergerArtificial intelligence cloud infrastructure and high performance compute provider Boost Run LLC on Tuesday announced plans to go public by merging with special purpose acquisition company Willow Lane Acquisition Corp. in a $614 million deal built by Ellenoff Grossman & Schole LLP and Winston & Strawn LLP. 
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									September 16, 2025
									FTC Chair Pledges 'Action' Against Late Merger FixesFederal Trade Commission Chairman Andrew Ferguson vowed Tuesday to take unspecified "action" against tactics by merging companies to propose fixes only after antitrust enforcers bring a transaction challenge, a strategy he called "bad for the system." 
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									September 16, 2025
									Cooley Adds Ex-McDermott Atty As Activism Defense HeadCooley LLP has added an attorney previously with McDermott Will & Schulte as the new chair of its activism defense practice, the firm announced Tuesday. 
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									September 16, 2025
									USDOT Orders Scuttling Of Delta-Aeromexico Joint VentureThe Trump administration has ordered Delta Air Lines and Aeromexico to scuttle their joint venture by Jan. 1, saying they gained an unfair advantage in the market after the Mexican government abruptly restricted flights from other carriers at Mexico City's primary airport. 
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									September 16, 2025
									Wachtell, Squire Patton Lead National Bank's $369M Vista BuyWachtell Lipton Rosen & Katz-advised National Bank Holdings Corp. has agreed to acquire Squire Patton Boggs LLP-led Vista Bancshares Inc. in a transaction valued at $369.1 million, the banks announced Tuesday. 
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									September 16, 2025
									VarmX Partners With Biotech CSL In Deal Worth Up To $2.2BEuropean life sciences venture capital firm EQT Life Sciences on Tuesday announced that its portfolio company VarmX, a Netherlands-based biotech, has entered into an exclusive option agreement to be bought by global biotech CSL in a deal worth up to $2.2 billion. 
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									September 16, 2025
									Orrick, DLA Piper Guide Workday's $1.1B Sana AcquisitionOrrick-led Workday Inc. will acquire DLA Piper-advised Sana for approximately $1.1 billion, the companies announced Tuesday, as part of their mission to "reimagine the future of work." 
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									September 15, 2025
									FTC Dem Urges Justices Not To Disturb Her ReinstatementU.S. Federal Trade Commissioner Rebecca Slaughter on Monday asked the U.S. Supreme Court not to block her reinstatement, arguing lower courts were correct in finding that President Donald Trump violated the law when he removed the Democrat from her post without cause. 
Expert Analysis
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								10 Soft Skills Every GC Should Master  As businesses face shifting regulatory and technological uncertainty, general counsel will need to strengthen certain soft skills to succeed, from admitting when they make a mistake to maintaining a healthy dose of dispassion, says Douglas Brown at Manatt. 
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								How Proxy Advisory Firms Are Approaching AI And DEI.jpg)  Institutional Shareholder Services' and Glass Lewis' annual updates to their proxy voting guidelines reflect some of the biggest issues of the day, including artificial intelligence and DEI, and companies should parse these changes carefully, say attorneys at Cahill Gordon. 
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								An Unrestrained, Bright-Eyed View Of Legal AI's Future  Todd Itami at Covington offers a bright-eyed, laughing-all-the-way, skydive look at what the legal industry could look like after an artificial intelligence revolution, which he believes may happen much sooner and more dramatically than we expect. 
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								Tracking The Evolution In Litigation Finance  Despite continued innovation, litigation finance remains an immature market with borrowers recieving significantly different terms as lenders learn to value cases, which firms need a strong handle on to ensure lending terms do not overwhelm collateral value, says Robert Wilkins at Lightfoot Franklin. 
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								Keys To Regulatory Diligence In Life Sciences Transactions  Conducting effective regulatory due diligence for life sciences deals requires careful review of a target company's activities, and separate sets of considerations for commercial and pipeline products, says Anna Zhao at GunnerCooke. 
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								Series Volunteer Firefighting Makes Me A Better Lawyer  While practicing corporate law and firefighting may appear incongruous, the latter benefits my legal career by reminding me of the importance of humility, perspective and education, says Nicholas Passaro at Ford. 
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								Calif. Antitrust Laws May Turn More Zealous Than US Regs  California is poised in the next 18 months to significantly expand its antitrust laws, broadening the scope of liability and creating a premerger review process that could be more expansive than review under the Hart-Scott-Rodino Act, say attorneys at Munger Tolles. 
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								E-Discovery Quarterly: The Perils Of Digital Data Protocols  Though stipulated protocols governing the treatment of electronically stored information in litigation are meant to streamline discovery, recent disputes demonstrate that certain missteps in the process can lead to significant inefficiencies, say attorneys at Sidley. 
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								A Look At M&A Trends In An Uncertain Deal Environment  Dealmakers are adopting more cautious and deliberate merger and acquisition practices, such as earnout agreements, joint ventures and strategic partnerships that mitigate risk and bridge valuation gaps, amid the slower pace so far in 2025, says Louis Lehot at Foley & Lardner. 
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								Series Law School's Missed Lessons: Preparing For Corporate Work  Law school often doesn't cover the business strategy, financial fluency and negotiation skills needed for a successful corporate or transactional law practice, but there are practical ways to gain relevant experience and achieve the mindset shifts critical to a thriving career in this space, says Dakota Forsyth at Olshan Frome. 
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								FTC Focus: Synthetic Data Yields Antitrust Considerations  Attorneys at Proskauer explore the burgeoning world of synthetic data, the antitrust implications involved, the Federal Trade Commission's role in regulating this space and practical takeaways from these emerging issues. 
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								Opinion Slater Heralds Return To US Antitrust Norms, Innovation  Under recently confirmed Assistant Attorney General Gail Slater, the Antitrust Division of the U.S. Department of Justice can fulfill President Donald Trump's objective to reestablish American economic dominance on the global stage while remaining faithful to antitrust's core principles, says Ediberto Roman at the Florida International University College of Law. 
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								A Cold War-Era History Lesson On Due Process  The landmark Harry Bridges case from the mid-20th century Red Scare offers important insights on why lawyers must be free of government reprisal, no matter who their client is, says Peter Afrasiabi at One LLP. 
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								Series Improv Makes Me A Better Lawyer  Improv keeps me grounded and connected to what matters most, including in my legal career where it has helped me to maintain a balance between being analytical, precise and professional, and creative, authentic and open-minded, says Justine Gottshall at InfoLawGroup. 
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								How BigLaw Executive Orders May Affect Smaller Firms  Because of the types of cases they take on, solo practitioners, small law firms and public interest attorneys may find themselves more dramatically affected by the collective impact of recent government action involving the legal industry than even the BigLaw firms named in the executive orders, says Reuben Guttman at Guttman Buschner.