Mergers & Acquisitions

  • July 25, 2025

    Sports & Betting Cases To Watch In The Second Half Of 2025

    Certain court cases have become staples on both the midyear and end-of-year must-watch lists in sports and betting at Law360. One that seemed best positioned to finally fall off the list, as it turns out, is far from over: the multibillion-dollar NCAA settlement regarding name, image and likeness payments and revenue sharing with hundreds of thousands of college athletes. A handful of other suits from past years will also continue to bear watching through the end of 2025.

  • July 25, 2025

    NGM Biopharma Investors Take $6M Deal To End Sale Suit

    The Column Group and former stockholders of NGM Biopharmaceuticals have agreed to settle for $6 million a Delaware Court of Chancery lawsuit challenging NGM's $135 million, $1.55-per-share sale to The Column Group, its pre-deal venture capital controller.

  • July 25, 2025

    Chancery Tosses UpHealth Affiliate's Suit For SPAC Damages

    Pointing to "numerous defects" in the complaint, a Delaware vice chancellor on Friday tossed every count in a suit filed by investors who alleged they were misled in the run-up to a multi-business special purpose acquisition company deal to take public now-bankrupt UpHealth Holdings and Cloudbreak Health.

  • July 25, 2025

    District Court Won't Pause Block Of FTC Dem's Firing

    A D.C. federal court refused to stay its order reinstating a Democratic member of the Federal Trade Commission after finding she was illegally fired by the Trump administration, although the D.C. Circuit has already put the order on hold.

  • July 25, 2025

    Latham, Sidley Advise Deal In $5B Power Infrastructure Push

    Latham & Watkins LLP and Sidley Austin LLP advised ArcLight Capital Partners' acquisition of power developer and manager Advanced Power in an investment that could grow to more than $5 billion over the next five years based on AI and data center infrastructure demand.

  • July 25, 2025

    Rising Star: Davis Polk's Michael Gilson

    Michael Gilson of Davis Polk & Wardwell LLP advised Altair Engineering Inc. through its $10 billion acquisition by Siemens, guided AssetMark Inc. through its $2.7 billion acquisition by private equity firm GTCR and also helped steer Elliott Management through its €1.2 billion ($1.4 billion) sale of the soccer team AC Milan to RedBird Capital Partners, earning him a spot among the mergers and acquisitions practitioners under age 40 honored by Law360 as Rising Stars.

  • July 25, 2025

    Fried Frank M&A Leader Sees Silver Lining Amid Uncertainties

    After nearly a decade as co-head of Fried Frank's M&A and private equity practice, seasoned corporate attorney Steve Epstein has learned how to roll with the punches — and the current market has delivered plenty.

  • July 25, 2025

    UK Litigation Roundup: Here's What You Missed In London

    This past week in London has seen the owner of a £6 million ($8 million) mansion once rented by Adele sue real estate consultants Strutt & Parker, Romanian-Australian mining investor Vasile Frank Timis bring a claim against reputation and privacy firm Schillings, and a Chinese businessman bring a legal action against his former lawyer over an alleged £12.5 million mortgage fraud.

  • July 25, 2025

    A-Rod's $800M SPAC Merger With Lynk Global Is Scrapped

    Satellite-to-phone business Lynk Global and special purpose acquisition company Slam Corp., which is backed by retired baseball slugger Alex Rodriguez, on Friday told regulators that they have mutually agreed to nix their $800 million merger that would have seen Lynk Global hit the public markets.

  • July 25, 2025

    Taxation With Representation: Weil, Freshfields, Linklaters

    In this week's Taxation With Representation, CC Capital and One Investment Management acquire Insignia Financial Ltd., catering giant Compass Group PLC acquires Dutch food and hospitality company Vermaat Groep BV, drugmaker Sanofi acquires biotech company Vicebio, and The Ether Machine launches as a public company.

  • July 25, 2025

    3 Firms Advise On $8.6B Pinnacle-Synovus Merger Deal

    Pinnacle Financial Partners and Synovus Financial Corp. have agreed to combine in an all-stock transaction valued at about $8.6 billion, with three law firms guiding a deal that the companies said will create the "highest-performing regional bank focused on the fastest-growth markets in the Southeast."

  • July 25, 2025

    Chipmaker STMicro To Buy Automotive Sensor Biz For $950M

    European chipmaker STMicroelectronics NV said Friday that it will buy a sensors business from rival NXP Semiconductors NV for up to $950 million in cash, expanding its automotive safety range.

  • July 24, 2025

    FCC Signs Off On Skydance's $8B Acquisition Of Paramount

    The Federal Communications Commission on Thursday gave the green light to Skydance Media's controversial $8 billion acquisition of Paramount Global and its subsidiaries, including CBS' parent company, setting aside concerns that the deal will hurt competition.

  • July 24, 2025

    Tyson's $55M Delaware Win Won't Aid Ga. Suit, Rival Says

    Poultry rendering company American Proteins Inc. told a Georgia federal judge Wednesday that a Delaware court's award of $55 million to Tyson Foods for overpaying to acquire the company has no bearing on their antitrust suit over whether Tyson forced the buyout through strong-arm tactics.

  • July 24, 2025

    Union Pacific, Norfolk Pursuing Coast-To-Coast Rail Megadeal

    Norfolk Southern Corp. and Union Pacific Corp. on Thursday confirmed they are in "advanced discussions" on a potential megamerger that would create a transcontinental rail giant — and one that may stand a better chance of success under a more flexible regulatory regime. 

  • July 24, 2025

    Chancery OKs $12.75M Settlement In MoneyLion SPAC Suit

    Saying parts of the deal "reflect a poster-child scenario for the problems and malincentives associated with the de-SPAC form," a Delaware vice chancellor on Thursday approved a $12.75 million settlement in a stockholder suit challenging a take-public deal for digital finance platform MoneyLion.

  • July 24, 2025

    EU Probes If KKR Gave 'Incorrect Or Misleading' Merger Info

    European Union antitrust enforcers announced an investigation Thursday into whether KKR & Co. Inc. provided "incorrect or misleading information" as part of the review of its $23.7 billion acquisition of NetCo that received unconditional approval last year.

  • July 24, 2025

    CapVest Seeks $11.7B Stake In Stada, Plus More Rumors

    British private equity firm CapVest Partners is looking to take a major stake in German drugmaker Stada Arzneimittel in a roughly $11.7 billion deal, Comedy Central's "South Park" creators have nabbed a $1.5 billion five-year streaming rights deal with Paramount, and ExxonMobil wants to explore deepwater blocks in Trinidad and Tobago for oil and gas. Here, Law360 breaks down these and other deal rumors from the past week.

  • July 24, 2025

    Rising Star: McGuireWoods' Dan Howell

    Dan Howell of McGuireWoods LLP represented Dominion Energy Inc. in its $14 billion sale of three local natural gas distribution companies and Apogee Engineering in its acquisition by private equity firm Bernhard Capital Partners, earning him a spot among the mergers and acquisitions practitioners under age 40 honored by Law360 as Rising Stars.

  • July 24, 2025

    Accelerant, McGraw Hill IPOs Raise Over $1.1B Combined

    Two private equity-backed companies, insurance marketplace Accelerant and education publishing giant McGraw Hill Inc., have joined the recent surge in initial public offerings, with both companies going public on Thursday after pricing IPOs that raised more than $1.1 billion total.

  • July 24, 2025

    3 Firms Guide $1.25B Waystar-Iodine Software Deal

    Healthcare payment software provider Waystar has agreed to acquire Texas-based Iodine Software for $1.25 billion, in a deal steered by three law firms that aims to deepen Waystar's reach into clinical hospital workflows with artificial intelligence-driven software tools.

  • July 24, 2025

    3 Firms Advise $1.1B Deal To Take Office REIT Private

    Canada-based City Office REIT said Thursday that it has agreed to be acquired by an affiliate of hedge fund Elliott Investment in a take-private deal valued at $1.1 billion and advised by DLA Piper, Hogan Lovells and Gibson Dunn & Crutcher LLP.

  • July 24, 2025

    Chesnara Raises £140M To Fund HSBC Life Buy

    British pensions company Chesnara PLC said Thursday that it has raised approximately £140 million ($190 million) to partly fund the £260 million acquisition of the specialist life protection and investment bond provider of banking giant HSBC.

  • July 23, 2025

    FTC Wants PE Firm's Medical Device Coating Deal Put On Ice

    Private equity firm GTCR BC Holdings' $627 million merger with Surmodics will bring the previously fierce competition for medical device coatings to a grinding halt, the FTC says, which is all the more reason a federal court should block the deal while an agency challenge plays out.

  • July 23, 2025

    Yale Wins Bid To Keep $435M Hospital Sale Suit In State Court

    A Connecticut federal judge has sided with Yale New Haven Health Services Corp., the state's largest hospital system, in sending a contract suit with a bankrupt hospital seller back to state court, finding that remand would best preserve court resources rather than transferring it to a bankruptcy judge in Texas.

Expert Analysis

  • Series

    Birding Makes Me A Better Lawyer

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    Observing and documenting birds in their natural habitats fosters patience, sharpens observational skills and provides moments of pure wonder — qualities that foster personal growth and enrich my legal career, says Allison Raley at Arnall Golden.

  • How Del. Law Rework Limits Corporate Records Requests

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    Newly enacted amendments to a section of the Delaware General Corporation Law that allows stockholders and beneficial owners to demand inspection of Delaware corporations' books and records likely curtails the scope of such inspections and aids defendants in framing motions to dismiss at the pleading stage, says Jonathan Richman at Brown Rudnick.

  • Series

    Adapting To Private Practice: From DOJ Leadership To BigLaw

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    The move from government service to private practice can feel like changing one’s identity, but as someone who has left the U.S. Department of Justice twice, I’ve learned that a successful transition requires patience, effort and the realization that the rewards of practicing law don’t come from one particular position, says Richard Donoghue at Pillsbury.

  • Issues To Watch At ABA's Antitrust Spring Meeting

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    Attorneys at Freshfields consider the future of antitrust law and competition enforcement amid agency leadership changes and other emerging developments likely to dominate discussion at the American Bar Association's Antitrust Spring Meeting this week.

  • Law Firm Executive Orders Create A Legal Ethics Minefield

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    Recent executive orders targeting BigLaw firms create ethical dilemmas — and raise the specter of civil or criminal liability — for the government attorneys tasked with implementing them and for the law firms that choose to make agreements with the administration, say attorneys at Buchalter.

  • Firms Must Embrace Alternative Billing Models Or Fall Behind

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    As artificial intelligence tools eliminate inefficiencies and the Big Four accounting firms enter the legal market, law firms that pivot from the entrenched billable hour model to outcomes-based pricing will see a distinct competitive advantage, says attorney William Brewer.

  • How Attorneys Can Master The Art Of On-Camera Presence

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    As attorneys are increasingly presented with on-camera opportunities, they can adapt their traditional legal skills for video contexts — such as virtual client meetings, marketing content or media interviews — by understanding the medium and making intentional adjustments, says Kerry Barrett.

  • Justices' TikTok Ruling Sets Stage For 1st Amendment Battle

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    The U.S. Supreme Court's landmark ruling upholding a law requiring TikTok's sale sets the stage for an inevitable clash between free speech and government interests and signals that future cases will turn on whether a regulation poses a substantial burden on speech, say attorneys at Dykema.

  • What Del. Corporate Law Rework Means For Founder-Led Cos.

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    Although the amendments to the Delaware General Corporation Law have proven somewhat divisive, they will provide greater clarity and predictability in the rules that apply to founder-led companies navigating transactions concerning controlling stockholders and responding to books-and-records requests, say attorneys at Munger Tolles.

  • Series

    Baseball Fantasy Camp Makes Me A Better Lawyer

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    With six baseball fantasy experiences under my belt, I've learned time and again that I didn't make the wrong career choice, but I've also learned that baseball lessons are life lessons, and I'm a better lawyer for my time at St. Louis Cardinals fantasy camp, says Scott Felder at Wiley.

  • Series

    Adapting To Private Practice: From Fed. Prosecutor To BigLaw

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    Making the jump from government to private practice is no small feat, but, based on my experience transitioning to a business-driven environment after 15 years as an assistant U.S. attorney, it can be incredibly rewarding and help you become a more versatile lawyer, says Michael Beckwith at Dickinson Wright.

  • How Del. Supreme Court, Legislature Have Clarified 'Control'

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    The Delaware Supreme Court's January decision in In re: Oracle and the General Assembly's passage of amendments to the Delaware General Corporation Law this week, when taken together, help make the controlling-stockholder analysis clearer and more predictable for companies with large stockholders, say attorneys at Baker Botts.

  • Firms Still Have Lateral Market Advantage, But Risks Persist

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    Partner and associate mobility data from the fourth quarter of 2024 shows that we’re in a new, stable era of lateral hiring where firms have the edge, but leaders should proceed cautiously, looking beyond expected revenue and compensation analyses for potential risks, say Julie Henson and Greg Hamman at Decipher Investigative Intelligence.

  • What Rodney Hood's OCC Stint Could Mean For Banking

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    Acting Comptroller of the Currency Rodney Hood's time at the helm of the OCC, while temporary, is likely to feature clarity for financial institutions navigating regulations, the development of fintech innovation, and clearer expectations for counsel advising on related matters, say attorneys at Vedder Price.

  • Opinion

    We Must Allow Judges To Use Their Independent Judgment

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    As two recent cases show, the ability of judges to access their independent judgment crucially enables courts to exercise the discretion needed to reach the right outcome based on the unique facts within the law, says John Siffert at Lankler Siffert & Wohl.

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