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Mergers & Acquisitions
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February 25, 2026
GlaxoSmithKline Buys Canadian Drugmaker For $950M
GSK PLC said Wednesday that it has agreed to pay $950 million in cash for Canadian clinical-stage drugmaker 35Pharma Inc., which is developing a medicine to treat a type of high blood pressure known as pulmonary hypertension.
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February 24, 2026
Protective Gear Co. Misled On Tariffs, Acquisitions, Suit Says
Protective apparel company Lakeland Industries Inc. has been hit with an investor's proposed class action accusing it of damaging shareholders with misleading statements about the value of two companies it had acquired and the impact of tariffs.
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February 24, 2026
Senate Dem Seeks Info On FCC's Equal Time Enforcement
Sen. Richard Blumenthal, D-Conn., demanded documents on the Federal Communications Commission's equal time rules and what he called the "alarming prospect" of CBS owner Paramount Skydance Corp. expecting favoritism from agencies as it tries to buy Warner Bros. Discovery.
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February 24, 2026
Chamber Pushes 5th Circ. To Keep FTC Merger Overhaul Nixed
The U.S. Chamber of Commerce pressed the Fifth Circuit to let merging companies revert to their old notification form while the Federal Trade Commission challenges a lower court order scrapping its overhaul of reporting requirements, arguing the agency cannot save the new form.
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February 24, 2026
Suit Says Ex-Medco CFO Inflated Company's Value Before Sale
Medical supplier Medline Industries LP has sued the former chief financial officer of United Medco LLC in Florida state court, alleging the executive ran an overbilling scheme that led to an inflated valuation and purchase price for Medco and defrauded a customer of millions of dollars.
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February 24, 2026
FTC Blasts NewsGuard's Bid To Block Investigation
The Federal Trade Commission is pushing back on NewsGuard's bid to stop the agency's investigation into what it called digital advertising collusion, arguing that the news-rating organization cannot show the antitrust investigation is retaliatory and alleging the company mischaracterized FTC Chair Andrew Ferguson's remarks in its motion for a preliminary injunction.
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February 24, 2026
Tech Giants Amazon, Google And Meta Ink Major AI Deals
Amazon.com Inc., Meta Platforms Inc. and Google LLC have each unveiled plans to pour tens of billions of dollars into artificial intelligence infrastructure, as AI's computing and energy needs continue to drive Big Tech's spending strategies.
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February 24, 2026
Gibson Dunn, Sidley Guide $2.2B CECO, Thermon Deal
CECO Environmental Corp. said Tuesday it has agreed to acquire Thermon Group Holdings Inc. in a stock and cash deal valued at about $2.2 billion, expanding its footprint in industrial thermal and environmental solutions.
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February 24, 2026
Freshfields Bicoastal M&A Tech Duo Move To Covington
Covington & Burling LLP has strengthened its mergers and acquisitions group on both coasts with the additions of two former Freshfields LLP tech M&A partners.
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February 24, 2026
Paramount Revises WBD Offer As Netflix Bid War Goes On
Paramount Skydance said Tuesday it has submitted a revised proposal to purchase Warner Bros. Discovery, with WBD stating that the new bid could represent a "superior proposal" to its existing merger agreement with Netflix.
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February 24, 2026
Zurich Insurance To Buy Australia's ClearView For $293M
Australian life insurer ClearView Wealth Ltd. said Tuesday that it has agreed to be bought by Europe's Zurich Insurance Group Ltd. for 415 million Australian dollars ($293 million) in a deal that will consolidate the domestic sector.
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February 23, 2026
Feds Point To 8th Circ. In Sinclair Station Takeover OK
Sinclair Inc. has gotten the go ahead to proceed with the acquisition of three television stations in Michigan and New York that it previously would have been barred from buying under long-standing FCC media ownership rules that were recently struck down by the Eighth Circuit.
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February 23, 2026
Flyers Seek TRO In Alaska-Hawaiian Merger Antitrust Suit
Airline passengers are urging a Hawaii federal judge to preserve Hawaiian Airlines as a standalone carrier, contending in a recently revived antitrust lawsuit that Hawaiian's 2024 merger with Alaska Airlines has harmed consumers with higher fees, reduced routes and eroded frequent flyer rewards.
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February 23, 2026
3 Firms Guide Homebuilder Co.'s $221M Sale
South Carolina-based United Homes Group announced Monday that it has agreed to be acquired by rival homebuilder Stanley Martin Homes, in a deal guided by three firms that values the company at $221 million.
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February 23, 2026
How Greenberg Thinks Tariff Ruling Could Affect Dealmaking
The U.S. Supreme Court's ruling invalidating IEEPA-based tariffs gave dealmakers clarity on how to pursue potential refund rights in mergers and acquisitions, but President Donald Trump's swift announcement of new global tariffs has immediately reintroduced dealmaking uncertainty.
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February 23, 2026
Catching Up With Delaware's Chancery Court
Legal fee feuds, noncompete pact breach fights and post-closing "earnout" battles piled up in Delaware's equity and commercial law venues last week, with top jurists briefing lawmakers on efforts to better manage crowded dockets and expanded benches.
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February 23, 2026
NJ Watchdog Takes File Fight In Hospital Row To 3rd Circ.
A New Jersey watchdog will take its bid to shield investigative files from discovery in a hospital's antitrust suit to the Third Circuit, according to a court notice.
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February 23, 2026
6 Firms Guide Investors' $3.4B Resi REIT Buy
Veris Residential Inc. announced Monday that its board of directors has signed off on a proposed $3.4 billion acquisition by an Affinius Capital-led team of investors, in a deal inked under the guidance of six firms.
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February 23, 2026
Latham Adds Wachtell Lipton M&A, Finance Duo In NY
Latham & Watkins LLP has expanded its corporate and finance practice offerings with the addition of two Wachtell Lipton Rosen & Katz partners in New York.
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February 23, 2026
5 Firms Guide Finnish Firm IQM Quantum's $1.8B SPAC Deal
Quantum computing company IQM Finland Oy announced Monday it is planning to go public in the U.S. by merging with special purpose acquisition company Real Asset Acquisition Corp. in a $1.8 billion transaction led by five law firms.
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February 23, 2026
Ropes, Wilson Sonsini Guide Gilead's $7.8B Arcellx Buy
Gilead Sciences Inc. announced Monday that it has agreed to acquire clinical-stage biotechnology company Arcellx Inc. for $115 per share in cash plus one contingent value right worth $5 per share, reflecting an implied equity value of $7.8 billion.
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February 23, 2026
Kirkland, Jones Day Build $1.1B Hospice Take-Private Deal
Home health and hospice provider Enhabit Inc., advised by Jones Day, on Monday unveiled plans to go private following a sale to middle market private equity firm Kinderhook Industries LLC, led by Kirkland & Ellis LLP, in an all-cash deal valued at roughly $1.1 billion.
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February 23, 2026
Johnson Matthey Cuts Unit Sale Price To Honeywell To £1.3B
Chemicals business Johnson Matthey said Monday that it has slashed the price for selling its catalyst technologies arm to U.S. heavyweight Honeywell to £1.33 billion ($1.6 billion) from £1.8 billion because of the "reduced profitability" of the subsidiary.
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February 20, 2026
Caterpillar Unit Drops Antitrust Suit Against Wabtec
Caterpillar subsidiary Progress Rail quietly dropped its antitrust lawsuit Friday in Delaware federal court against rail giant Wabtec over its 2019 merger with General Electric's transportation unit after more than two years of legal back and forth.
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February 20, 2026
Wireless Builders Want FCC Kibosh On Dish 'Shell Games'
Dish Network has reneged on its promise to build a 5G network, and with that pledge rescinded, it has stopped paying the companies that were supposed to be doing the build out, placing all their operations at risk, those companies told the Federal Communications Commission.
Expert Analysis
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Cybersecurity Risks Can Lurk In Gov't Contractor Acquisitions
The Justice Department’s recent False Claims Act enforcement activity against Raytheon and Nightwing-related defense contractors demonstrates the importance of identifying and mitigating potential cybersecurity compliance risks when acquiring a company that contracts with the federal government, say attorneys at Foley & Lardner.
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Associates Can Earn Credibility By Investing In Relationships
As the class of 2025 prepares to join law firms this fall, new associates must adapt to office dynamics and establish credible reputations — which require quiet, consistent relationship-building skills as much as legal acumen, says Kyle Forges at Bast Amron.
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Lessons From 7th Circ.'s Deleted Chat Sanctions Ruling
The Seventh Circuit’s recent decision in Pable v. Chicago Transit Authority, affirming the dismissal of an ex-employee’s retaliation claims, highlights the importance of properly handling the preservation of ephemeral messages and clarifies key sanctions issues, says Philip Favro at Favro Law.
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Opinion
Aviation Watch: Liability Lessons From 737 Max Blowout
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.
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Opinion
Sometimes Int'l Competition Should Trump Antitrust Concerns
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.
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Divest Order Shows How Security Fears Extend CFIUS Scope
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.
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Series
Quilting Makes Me A Better Lawyer
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.
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SDNY Ruling Reinforces Joint Steering Committee Obligations
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.
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What 2 Profs Noticed As Transactional Law Students Used AI
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.
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Rebuttal
BigLaw Settlements Should Not Spur Ethics Deregulation
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.
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5 Ways Lawyers Can Earn Back The Public's Trust
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.
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Series
Hiking Makes Me A Better Lawyer
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.
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Series
Law School's Missed Lessons: Negotiation Skills
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.
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Opinion
Andreessen Horowitz's Take On Delaware Is Misguided
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.
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ESG-Focused Activism Persists Despite Proxy Curbs
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.