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Mergers & Acquisitions
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January 22, 2026
Shareholder Says $2.3B Take-Private Deal Hid Blackstone Ties
Board members of Hawaii-based commercial real estate investment trust Alexander & Baldwin obscured their connections to Blackstone Real Estate in securities filings preceding a proposed $2.3 billion take-private deal, an investor claimed in an Illinois federal lawsuit.
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January 22, 2026
General Fusion To Go Public In $1B Nasdaq Deal
Private equity-backed General Fusion on Thursday announced plans to go public by merging with special purpose acquisition company Spring Valley Acquisition Corp. III in a deal that provides the combined company a roughly $1 billion pro forma equity value and was built by four law firms.
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January 22, 2026
2 Firms Advise Energy Infrastructure Co.'s Go-Public Deal
Utility-scale energy infrastructure developer Hecate Energy Group said Thursday that it is set to become a public company valued at $1.2 billion under a merger advised by Cahill Gordon & Reindel LLP and Allen Overy Shearman Sterling LLP.
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January 22, 2026
Mayer Brown, Cooley-Led Biotech Biz Buys Accellix For €35M
French biotech company bioMérieux said Thursday that it has agreed to acquire medical equipment maker Accellix Inc. for approximately €35 million ($41 million) as it looks to support the growing advanced therapy market.
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January 22, 2026
Ropes & Gray, Vinge Guide EQT's $3.7B Coller Capital Deal
Swedish private equity company EQT said Thursday that it will buy the U.K. secondaries firm Coller Capital for up to $3.7 billion in a bid to take advantage of the growing market for continuation vehicles as the PE sector continues to struggle to offload assets.
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January 22, 2026
Norton Rose-Led PE Biz To Buy UK Wholesaler For £251M
Private equity firm OEP Capital Advisors LP said Thursday that its subsidiary has agreed to acquire U.K. food wholesaler Kitwave Group PLC in a deal worth £251 million ($337.5 million).
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January 22, 2026
Beazley Rejects £7.7B Zurich Offer, Says 'Undervalues' Biz
Beazley, an insurer with a listing in London, said Thursday that it has batted away the latest proposed takeover offer from Zurich Insurance Group of £7.7 billion ($10.4 billion), claiming it undervalues the company.
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January 21, 2026
Health Tech SPAC Execs Ink $10M Investor Settlement
Former executives of a health technology company that went public via merger with a blank check company have reached a $10 million deal to settle claims they wiped out investors with a bankruptcy filing after the company's product development projections derailed.
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January 21, 2026
Delaware Justices Clarify Ruling On Loews' $1.5B Cash-Out
In a rare second look at one of its own recent decisions, Delaware's Supreme Court said an earlier opinion "misconstrued" some dimensions of an unjust enrichment challenge to Loews Corp.'s $1.5 billion buyout of Boardwalk Pipeline Partners LP public unitholders.
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January 21, 2026
FTC Must 'Scale A Slick Wall' To Revive Meta Suit
The Federal Trade Commission set itself up for a tough fight to overturn a D.C. federal judge's rejection of its lawsuit accusing Meta of monopolizing personal social media through its purchases of WhatsApp and Instagram.
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January 21, 2026
Del. Justices Urged To Revive Telemedicine Co. SPAC Suit
An attorney for special purpose acquisition company investors in a $1.35 billion take-public deal that preceded an affiliate bankruptcy, heavy losses and fraud claims urged Delaware's Supreme Court on Wednesday to reject arguments that the statute of limitations on the claims started ticking at the time of the alleged misrepresentation.
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January 21, 2026
Netflix's $83B Warner Bros. Deal Draws DOJ Scrutiny
Warner Bros. Discovery has disclosed that Netflix's proposed $82.7 billion purchase of the entertainment giant is now under an antitrust microscope, after the U.S. Department of Justice kicked off an in-depth probe that keeps the deal from closing for the time being.
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January 21, 2026
CFIUS Review Could Delay IRobot Ch. 11 Deal, DOJ Warns
The Department of Justice has notified the Delaware bankruptcy court that an evaluation of Roomba maker iRobot's proposed Chapter 11 plan transactions by the Committee on Foreign Investment in the U.S. could postpone those deals on the eve of a plan confirmation hearing.
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January 21, 2026
UK's NCC Selling Escode Business For $370M
NCC Group said Wednesday that it has agreed to sell its Escode software escrow business to private equity firm TDR Capital at an enterprise value of £275 million ($370 million), as the U.K. cybersecurity company sharpens its focus on its remaining cybersecurity and resilience unit.
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January 21, 2026
2 Firms Guide $450M Deal For Coney Island Hot Dog Slinger
Hunton Andrews Kurth LLP and Akerman LLP are advising on a new deal for Smithfield Foods Inc. to buy Nathan's Famous Inc. at an enterprise value of approximately $450 million, the companies said Wednesday.
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January 21, 2026
V&E Lands Gov't Contracts Co-Chair From Greenberg Traurig
Vinson & Elkins LLP has hired the co-chair of Greenberg Traurig LLP's government contracts practice in Washington, D.C., team to help colead V&E's practice, the firm has announced.
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January 21, 2026
UK Investment Trust Rejects Saba's Bid To Unseat Board
Shareholders in Edinburgh Worldwide Investment Trust PLC have rejected a slate of resolutions from U.S. activist investor Saba Capital Management LP, affirming confidence in the existing board and its strategic direction, the company has said.
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January 20, 2026
Adviser Can't Freeze Funds From $2.1B Plymouth REIT Buy
A Massachusetts state judge declined Tuesday to set aside $60 million from a pending $2.1 billion deal to take Plymouth Industrial REIT private, finding the criteria to escrow the funds as a "debt" to Plymouth's financial adviser were not met.
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January 20, 2026
Trump Media Investor Says Insider Trading Trial Was Flawed
A Florida trader sentenced to over two years in prison for insider trading on confidential plans to take President Donald Trump's media company behind Truth Social public urged the Second Circuit on Tuesday to reverse his conviction, saying the lower court wrongly excluded evidence at trial that backed his claims of acting in good faith.
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January 20, 2026
Willkie Accused Of Aiding $735M Fraud In Buyout Deal
Willkie Farr & Gallagher LLP on Tuesday was accused of aiding a $735 million fraud carried out by an investment manager to secure financing for a 2023 take-private transaction involving Franchise Group Inc., which was then used to pay off the manager's personal debts.
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January 20, 2026
FTC Appeals Meta Loss To DC Circ.
The Federal Trade Commission gave notice Tuesday that it would seek D.C. Circuit intervention over a federal judge's rejection of its lawsuit accusing Meta Platforms Inc. of illegally monopolizing personal social media through what the agency described as a buy-or-bury strategy behind the Facebook parent's purchases of Instagram and WhatsApp.
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January 20, 2026
Law360 Names Firms Of The Year
Eight law firms have earned spots as Law360's Firms of the Year, with 48 Practice Group of the Year awards among them, achieving milestones such as high-profile litigation wins at the U.S. Supreme Court and 11-figure merger deals.
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January 20, 2026
Sullivan Steers IT Co. ASGN On $290M Deal With Quinnox
IT services company ASGN Inc. said Tuesday that it has agreed to acquire Quinnox Inc. for $290 million in cash, under the legal guidance of Sullivan & Cromwell LLP.
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January 20, 2026
Latham & Watkins Adds M&A Insurance Partner To Firm
Latham & Watkins LLP said Tuesday it has hired a Clifford Chance LLP partner with extensive experience in reinsurance transactions to strengthen the firm's mergers & acquisitions and private equity practice.
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January 20, 2026
McDonald Hopkins Forms Practice Group For Law Firm MSOs
Midwestern firm McDonald Hopkins LLC announced Tuesday that it has launched a practice group focused on handling deals between law firms and prospective private equity investors, which the firm said is a natural extension of its work on litigation funding deals and private equity investment in other professional services.
Expert Analysis
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FTC Focus: When Green Goals And Antitrust Law Collide
A recently concluded Federal Trade Commission investigation has turned an emissions deal involving major U.S. heavy-duty truck manufacturers that was brokered by the California Air Resources Board into a cautionary tale about the potential for environmental agreements to run afoul of competition rules, say attorneys at Proskauer.
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Structuring Noncompetes In License And Collaboration Deals
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.
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Series
Coaching Cheerleading Makes Me A Better Lawyer
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.
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Series
Law School's Missed Lessons: How To Make A Deal
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.
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Annual Report Shows CFIUS Extending Its Reach In 2024
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.
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From Clerkship To Law Firm: 5 Transition Tips For Associates
Excerpt from Practical Guidance
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.
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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.