Mergers & Acquisitions

  • December 12, 2025

    Printing Co. Defends Trial Win In $265M ESOP Sale Dispute

    A printing company's directors and employee stock ownership plan trustee say the Seventh Circuit should back their win over accusations they illegally undersold the company into private equity for $265 million, arguing the trial court correctly decided their interests were "perfectly aligned" with plan participants' interests.

  • December 12, 2025

    Prospect Medical Wins OK For Chapter 11 Plan

    A Texas bankruptcy judge approved Prospect Medical Holdings Inc.'s Chapter 11 plan after overruling a slew of objections during an all-day hearing Friday and allowing the healthcare group to hand off its remaining hospitals and pursue litigation to repay creditors.

  • December 12, 2025

    Wrong Metric Created $2 Valuation, Chancery Suit Says

    A former equity holder in a nutrition services business has sued in Delaware Chancery Court seeking to unwind what it calls a sham $2 repurchase of its ownership interest and to force payment of a separate $2 million deferred purchase price, arguing that the business disregarded contractually mandated valuation mechanics to engineer a zero-value outcome.

  • December 12, 2025

    2 Firms Guide Stake Deal For Data Center Services Company

    Middle market private equity firm Kohlberg will obtain a majority stake in industrial services company Loenbro LLC in a deal guided by Kirkland & Ellis LLP and Greenberg Traurig LLP, the companies announced.

  • December 12, 2025

    Chancery Lets Nextdoor Argue De-SPAC Suit Filed Too Late

    The Delaware Chancery Court on Friday let Nextdoor Inc. and related defendants argue that investors waited too long to sue over the company's de-SPAC merger, while pausing discovery as the court considers motions that could end the case.

  • December 12, 2025

    MVP: Wachtell Lipton's Jake Kling

    Jake Kling of Wachtell Lipton Rosen & Katz guided Global Payments' $24.25 billion acquisition of Worldpay and the PGA Tour's groundbreaking $3 billion investment from Strategic Sports Group, earning him a spot as one of the 2025 Law360 Mergers & Acquisitions MVPs.

  • December 12, 2025

    Taxation With Representation: Cravath, Skadden, Debevoise

    In this week's Taxation With Representation, Paramount Skydance Corp. launches a hostile bid for Warner Bros. Discovery, challenging Netflix's deal to acquire the studio and streaming business, IBM acquires data streaming company Confluent, and natural gas company Antero Resources Corp. expands via a deal with HG Energy.

  • December 12, 2025

    UK Energy Biz Harbour To Buy Rival's Subsidiaries For $170M

    British oil and gas company Harbour Energy PLC said Friday that it has agreed to acquire the rival Waldorf group, which is currently in administration, for $170 million, increasing its interests in at least two North Sea fields.

  • December 12, 2025

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

    This past week in London has seen Shell hit with a climate change claim from 100 survivors of a typhoon in the Philippines, London Stock Exchange-listed Oxford Nanopore bring legal action against its co-founder, and the editors of Pink News sue the BBC for defamation following its investigation into alleged sexual misconduct at the news site.

  • December 12, 2025

    Ashurst-Led Dutch Fintech To Buy Rival For €1B

    Dutch financial technology company Mollie BV has agreed to acquire GoCardless, a U.K. bank payments provider, for €1.1 billion ($1.28 billion) to create a pan-European platform for more than 350,000 merchants.

  • December 12, 2025

    Fasken Martineau-Led Miner Gets £842M Offer From Jiangxi

    Ecuador-focused mining company SolGold said on Friday that it is "minded to" accept a revised offer from China's biggest copper producer, Jiangxi, which values it at approximately £842 million ($1.1 billion).

  • December 11, 2025

    FTC Challenges $725M Construction Adhesives Deal

    The Federal Trade Commission filed suit Thursday in New York federal court to challenge a $725 million merger combining Loctite with Liquid Nails, arguing that joining "the clear top two brands of construction adhesives" would drive up costs for home building and improvement.

  • December 11, 2025

    Chancery OKs $13M Concord SPAC Deal, Delays Fee Ruling

    Delaware Vice Chancellor Paul A. Fioravanti Jr. on Thursday approved a $13.08 million settlement resolving claims that Concord Acquisition Corp.'s insiders tried to divert a $20 million breakup fee to themselves after the SPAC's failed merger with cryptocurrency company Circle, but he deferred ruling on attorney fees until plaintiffs supply additional time records.

  • December 11, 2025

    Ga. Dorm Operator Gets Approval For Ch. 11 Sale Plan

    A Delaware bankruptcy judge Thursday approved the Chapter 11 plan for the operator of the dormitories at eight Georgia public university campuses, overruling an objection to the claims releases in the plan.

  • December 11, 2025

    DOJ-UnitedHealth Deal Requiring Home Health Sale OK'd

    A Maryland federal judge signed off on the U.S. Department of Justice settlement resolving its challenge to UnitedHealth's $3.3 billion acquisition of home health and hospice company Amedisys, under a deal requiring the sale of least 164 locations across 19 states.

  • December 11, 2025

    3 Firms Guide Enova's $369M Grasshopper Bank Acquisition

    Fintech lender Enova International said Thursday it plans to buy digital bank Grasshopper in a $369 million deal guided by Covington & Burling LLP, Squire Patton Boggs LLP and Hogan Lovells LLP.

  • December 11, 2025

    4 Firms Guide PE-Backed Avocet's $500M Launch, First Deal

    A new insurance-focused investment firm called Avocet Partners has been launched with the backing of a $500 million investment from Oaktree Capital Management LP and Lane42 Investment Partners LLC, Avocet announced Thursday. 

  • December 11, 2025

    Chancery Skeptical Of B. Riley Investors' Investment Loss Suit

    A vice chancellor in the Delaware Chancery Court on Thursday pressed the lawyer for a B. Riley Financial Inc. stockholder to justify Caremark oversight claims tied to the investment firm's failed bets on the Franchise Group Inc., repeatedly questioning whether the complaint plausibly alleged bad faith board inaction rather than business judgment disagreements.


  • December 11, 2025

    MVP: Milbank's Iliana Ongun

    Milbank LLP partner Iliana Ongun spearheaded U.S. Steel's $15 billion sale to Japan's Nippon Steel Corp., along with H&E Rentals' $5.3 billion sale to Herc Holdings Inc., earning her a spot as one of the 2025 Law360 Mergers & Acquisitions MVPs.

  • December 11, 2025

    Sembcorp Entering Australia With $4.3B Alinta Energy Deal

    Singapore's Sembcorp Industries said Thursday it has agreed to acquire Alinta Energy, marking the company's entry into the Australian power market, through a deal valued at AU$6.5 billion, or about $4.3 billion, including debt. 

  • December 11, 2025

    4 Firms Guide As Arcline Exits Medical Tech Co. In $685M Deal

    Perimeter Solutions Inc. has agreed to acquire Medical Manufacturing Technologies LLC from Arcline Investment Management for approximately $685 million in cash, including certain tax benefits.

  • December 10, 2025

    Boardwalk Pipeline Case Sees Partial Reversal

    The Delaware Supreme Court on Wednesday partially revived long-running challenges to Loews Corp.'s 2018, $1.5 billion cash-out of Boardwalk Pipeline Partners LP, ruling that the Chancery Court misread the high court's 2022 guidance and prematurely shut down minority unitholder claims attacking the legal opinion that triggered the buyout.

  • December 10, 2025

    HPE Fights State AGs' Bid To Block Juniper Integration

    Hewlett Packard Enterprise told a California federal court that even though it has already combined with Juniper Networks, state enforcers are seeking to temporarily break up the companies while the court mulls a U.S. Department of Justice settlement over the $14 billion wireless networking deal.

  • December 10, 2025

    Sports Floor Distributors Say Acquisition Cut Their Profits

    A group of 16 distributors have challenged the sole ownership of two of the largest manufacturers of indoor and outdoor sports courts, saying that placing them under the same parent company created a monopoly ultimately resulting in lower sales and revenues.

  • December 10, 2025

    MVP: Latham's Brad Faris

    Brad Faris of Latham & Watkins LLP helped guide Omnicom in its planned $13.5 billion acquisition of Interpublic, worked on a pending $34.5 billion deal as Cox Communications is acquired by Charter Communications Inc. and is leading an expected $5.75 billion deal as Lumen Technologies sells off its fiber optic network business to AT&T, earning him a spot as one of the 2025 Law360 Mergers & Acquisitions MVPs.

Expert Analysis

  • Structuring Noncompetes In License And Collaboration Deals

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    As companies grappling with coming patent cliffs look to mergers and acquisitions to compensate, contracting parties assessing biopharma license and collaboration agreements should prepare to agree on noncompetes that ensure the parties' respective objectives are met and that their incentives are aligned, both under their collaboration and beyond, says Jeff Jay at Freshfields.

  • Series

    Coaching Cheerleading Makes Me A Better Lawyer

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    At first glance, cheerleading and litigation may seem like worlds apart, but both require precision, adaptability, leadership and the ability to stay composed under pressure — all of which have sharpened how I approach my work in the emotionally complex world of mass torts and personal injury, says Rashanda Bruce at Robins Kaplan.

  • Series

    Law School's Missed Lessons: How To Make A Deal

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    Preparing lawyers for the nuances of a transactional practice is not a strong suit for most law schools, but, in practice, there are six principles that can help young M&A lawyers become seasoned, trusted deal advisers, says Chuck Morton at Venable.

  • Annual Report Shows CFIUS Extending Its Reach In 2024

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    The recently released 2024 annual report from the Committee on Foreign Investment in the United States reveals record civil penalties and enhanced internal capabilities, illustrating expanding jurisdiction and an increasing appetite for enforcement actions, says Nathan Fisher at StoneTurn.

  • From Clerkship To Law Firm: 5 Transition Tips For Associates

    Excerpt from Practical Guidance
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    Transitioning from a judicial clerkship to an associate position at a law firm may seem daunting, but by using knowledge gained while clerking, being mindful of key differences and taking advantage of professional development opportunities, these attorneys can flourish in private practice, say attorneys at Lowenstein Sandler.

  • Cybersecurity Risks Can Lurk In Gov't Contractor Acquisitions

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    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.

  • Associates Can Earn Credibility By Investing In Relationships

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    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.

  • Lessons From 7th Circ.'s Deleted Chat Sanctions Ruling

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    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.

  • 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.

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