Mergers & Acquisitions

  • February 12, 2026

    Deutsche Börse To Buy PE Firm's Data Biz Stake For €1.1B

    Deutsche Börse Group said it has agreed to buy the remaining 20% minority stake held by global private equity firm General Atlantic in Iss Stoxx, which provides data, analytics and indexes, for €1.1 billion ($1.3 billion).

  • February 12, 2026

    Clifford Chance-Led Nuveen To Buy Schroders For £9.9B

    Schroders said Thursday that it has agreed to a £9.9 billion ($13.5 billion) cash takeover by U.S. asset manager Nuveen in a transaction that would take one of the City's historic names into private ownership.

  • February 11, 2026

    Del. Justices Grapple Over Truth Social Share Math

    An attorney for the firm that helped launch Donald Trump's social media company told Delaware's justices Wednesday that a vice chancellor erred in requiring the venture to "prove a negative" in calculations of investor stakes in the run-up to the venture's special purpose acquisition company transaction.

  • February 11, 2026

    Anesthesia Group Looks To End FTC Rollup Suit

    U.S. Anesthesia Partners has urged a Texas federal court to end the Federal Trade Commission's case accusing the group of buying competing practices through a so-called rollup strategy, asserting that enforcers have no evidence of any harm to competition.

  • February 11, 2026

    Pa. City Sues Over Sewers, Urged To Pull Ch. 9 Plan

    The bankrupt city of Chester, Pennsylvania, has brought a lawsuit in its longstanding fight over sewer pipe ownership, and the Philadelphia suburb's water authority told a judge Wednesday the city needs a new restructuring plan after the state's highest court foreclosed an attempt to take control of its water system.

  • February 11, 2026

    Sidley, Fried Frank Steer $1.5B Great Lakes Dredge Deal

    U.S. dredging services provider Great Lakes Dredge & Dock Corp. said Wednesday it has agreed to be acquired by privately held transportation and marine services company Saltchuk Resources Inc. in a deal valued at $1.5 billion.

  • February 11, 2026

    Bankruptcy Court Asked To Keep Nicklaus Biopic Deal Intact

    A film production company has urged a Delaware bankruptcy court not to allow any successful bidder for brand licensing rights of Jack Nicklaus to disturb a biopic screenplay agreement involving an affiliate of the insolvent business bearing the golf legend's name, saying the firm's role is commercially critical.

  • February 11, 2026

    Ancora Opposes Netflix-WBD Merger, Backs Paramount Bid

    Ancora Holdings Group said Wednesday it opposes Warner Bros. Discovery's planned merger with Netflix, faulting the deal's financial structure and describing its path to regulatory approval as a "Hail Mary," while supporting a competing bid from Paramount Skydance Corp.

  • February 11, 2026

    Financial Advisory Co. Province Acquires StoneTurn

    Restructuring and financial advisory firm Province announced on Wednesday the purchase of compliance advisory firm StoneTurn, resulting in a combined company of 300 professionals operating across 19 offices on five continents.

  • February 11, 2026

    Paul Weiss, Dechert Steer QXO's $2.25B Kodiak Buy

    Building products distributor QXO Inc. said Wednesday it has agreed to acquire Kodiak Building Partners from Court Square Capital Partners for approximately $2.25 billion, with Paul Weiss Rifkind Wharton & Garrison LLP advising QXO and Dechert LLP representing Kodiak.

  • February 10, 2026

    America's Test Kitchen Harvests Food52 Assets In Ch. 11

    A Chapter 11 deal to serve up assets of cooking and home goods e-commerce company Food52 Inc. to America's Test Kitchen secured a Delaware Bankruptcy judge's approval Tuesday, one of three sale measures totaling nearly $12.5 million to move forward.

  • February 10, 2026

    Millicom, NJJ Buy Telefonica's Chile Mobile Biz In $1.2B Deal

    Spanish telecommunications group Telefonica said Tuesday it has sold its Chilean mobile business to a consortium led by French holding company NJJ and Luxembourg-based Millicom in a deal with a firm value of about $1.22 billion.

  • February 10, 2026

    Delaware Justices Bar Damages For Invalid Noncompetes

    The Delaware Supreme Court on Tuesday affirmed a Delaware Chancery Court ruling that barred Fortiline Inc. and its parent, Patriot Supply Holdings Inc., from recovering damages for breaches of noncompete and nonsolicitation agreements that had already been deemed unenforceable.

  • February 10, 2026

    Broadcasters Fight 39% Media Ownership Cap In Hill Hearing

    TV broadcasters told the U.S. Senate Tuesday that lawmakers never meant to permanently cap national audience share controlled by a single station owner at 39%, as conservative outlet Newsmax argued there's support from both the left and right for keeping the limit in place.

  • February 10, 2026

    Eddie Bauer Stores Get Ok For Early March Ch. 11 Auction

    A New Jersey bankruptcy judge approved a Chapter 11 schedule Tuesday for the retail operator for outdoor clothing brand Eddie Bauer that will see the company on the block by early March and any unsold stores closed for good by the end of April.

  • February 10, 2026

    Paul Hastings Lands 8 More Attys For New Charlotte Office

    A second group of fund finance lawyers has joined Paul Hastings LLP's new Charlotte, North Carolina, office from Cadwalader Wickersham & Taft LLP, Haynes Boone and Mayer Brown LLP.

  • February 10, 2026

    Presidio Seeks $1B Debt To Fund Deals After SPAC Merger

    Oil and gas operator Presidio Investment Holdings on Tuesday revealed that it is working with banking giant Goldman Sachs on a debt facility worth up to $1 billion to be administered once it completes its merger with special purpose acquisition company EQV Ventures Acquisition Corp. and becomes a public company.

  • February 10, 2026

    Freshfields, Kirkland Steer $6.2B Clear Channel Outdoor Deal

    Advertising company Clear Channel Outdoor Holdings Inc. has agreed to be acquired by Mubadala Capital in partnership with TWG Global in an all-cash deal valuing the company at $6.2 billion.

  • February 10, 2026

    European Wax Center To Go Private In $330M Cash Deal

    Waxing services giant European Wax Center Inc. on Tuesday announced plans to go private after being acquired by investor General Atlantic in an all-cash deal valued at roughly $330 million.

  • February 10, 2026

    Paramount Amends Warner Bid To Cover Netflix Breakup Fee

    Paramount Skydance Corp. said Tuesday it has sweetened its $30 per share, all-cash tender offer for Warner Bros. Discovery by adding new financial protections and regulatory assurances, and offering to pay the breakup fee if WBD walks away from its existing deal with Netflix. 

  • February 10, 2026

    Lender IPF Delays £543M Takeover Vote As Investor Objects

    Credit provider International Personal Finance said Tuesday that it will delay a vote by shareholders on its proposed takeover for £543 million ($742 million) by U.S. specialist finance group BasePoint Capital after an investor voiced opposition to the deal.

  • February 09, 2026

    Altar'd State Opens Bidding For Francesca's IP At $7M

    Faith-based clothing retailer Altar'd State set an opening bid of $7 million for the intellectual property of bankrupt women's clothing retailer Francesca's, the debtor told a New Jersey bankruptcy judge Monday.

  • February 09, 2026

    LRN Shareholder To Pay $18M To End Del. Defamation Suit

    Activision founder Howard Marks will pay $18 million to LRN Corp. Chairman Dov Seidman and two others to exit a Delaware Superior Court defamation lawsuit over statements he made as class representative in a separate Delaware Court of Chancery shareholder case, a Monday filing states.

  • February 09, 2026

    America's Test Kitchen Owner Wins Auction For Food52 Brand

    Cooking and home goods e-commerce company Food52 Inc. has told a Delaware bankruptcy judge that the owner of the America's Test Kitchen television show's brand has submitted the winning bid for its primary business.

  • February 09, 2026

    6 Firms Guide Plan To Create $17B Transocean Drilling Giant

    Transocean Ltd. said Monday it has agreed to acquire rival Valaris Ltd. in an all-stock deal valued at about $5.8 billion, combining two of the largest offshore drilling fleets into a $17 billion operator ahead of a "multi-year offshore drilling upcycle."

Expert Analysis

  • Series

    The Biz Court Digest: How It Works In Massachusetts

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    Since its founding in 2000, the Massachusetts Business Litigation Session's expertise, procedural flexibility and litigant-friendly case management practices have contributed to the development of a robust body of commercial jurisprudence, say James Donnelly at Mirick O’Connell, Felicia Ellsworth at WilmerHale and Lisa Wood at Foley Hoag.

  • Why Appellees Should Write Their Answering Brief First

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    Though counterintuitive, appellees should consider writing their answering briefs before they’ve ever seen their opponent’s opening brief, as this practice confers numerous benefits related to argument structure, time pressures and workflow, says Joshua Sohn at the U.S. Department of Justice.

  • FTC Focus: M&A Approvals A Year After Trump's Election

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    The Federal Trade Commission merger-enforcement regime a year since President Donald Trump's election shows how merger approvals have been expedited by the triaging out of more deals, grants for early termination of the Hart-Scott-Rodino waiting period, and zeroing in on preparing solutions for the biggest problems, say attorneys at Proskauer.

  • Series

    Mindfulness Meditation Makes Me A Better Lawyer

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    Mindful meditation enables me to drop the ego, and in helping me to keep sight of what’s important, permits me to learn from the other side and become a reliable counselor, says Roy Wyman at Bass Berry.

  • HSR Data Shows Most Deals Exit Antitrust Review Unscathed

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    Merger activity is up, enforcement is down and the vast majority of deals are emerging from U.S. federal antitrust review in one piece, new 2024 fiscal-year Hart-Scott-Rodino data shows, meaning companies should not shy away from deals based on a perception that recent antitrust enforcement has been unusually aggressive, says Amanda Wait at Michael Best.

  • AI Litigation Tools Can Enhance Case Assessment, Strategy

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    Civil litigators can use artificial intelligence tools to strengthen case assessment and aid in early strategy development, as long as they address the risks and ethical considerations that accompany these uses, say attorneys at Barnes & Thornburg.

  • Attys Beware: Generative AI Can Also Hallucinate Metadata

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    In addition to the well-known problem of AI-generated hallucinations in legal documents, AI tools can also hallucinate metadata — threatening the integrity of discovery, the reliability of evidence and the ability to definitively identify the provenance of electronic documents, say attorneys at Law & Forensics.

  • DOJ's UnitedHealth Settlement Highlights New Remedies Tack

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    The use of divestitures and Hart-Scott-Rodino Act compliance in the recent U.S. Department of Justice settlement with UnitedHealth Group and Amedisys underscores the DOJ Antitrust Division's willingness to utilize merger remedies under the second Trump administration, say attorneys at Buchanan Ingersoll.

  • When Atty Ethics Violations Give Rise To Causes Of Action

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    Though the Model Rules of Professional Conduct make clear that a violation of the rules does not automatically create a cause of action, attorneys should beware of a few scenarios in which they could face lawsuits for ethical lapses, says Brian Faughnan at Faughnan Law.

  • A Shift To Semiannual Reporting May Reshape Litigation Risk

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    While the U.S. Securities and Exchange Commission's proposed change from quarterly to semiannual reporting may reduce the volume of formal filings, it wouldn't reduce litigation risk, instead shifting it into less predictable terrain — where informal disclosures, timing ambiguities and broader materiality debates will dominate, says Pavithra Kumar at Advanced Analytical Consulting Group.

  • TikTok Divestiture Deal Revolves Around IP Considerations

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    The divestiture deal between the U.S. and China to resolve a security dispute over TikTok's U.S. operations is seen as a diplomatic breakthrough, but its success hinges on the treatment of intellectual property and may set a precedent in the global contest over digital sovereignty and IP control, say attorneys at Brownstein Hyatt.

  • CFIUS Trends May Shift Under 'America First' Policy

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    The arrival of the Committee on Foreign Investment in the United States' latest annual report suggests that the Trump administration's "America First" policy will have a measurable effect on foreign investment, including improved trendlines for investments from allied sources and increasingly negative trendlines for those from foreign adversary sources, say attorneys at Debevoise.

  • Lessons From Del. Chancery Court's New Activision Decision

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    The Delaware Court of Chancery's recent decision in AP-Fonden v. Activision Blizzard, declining to dismiss certain fiduciary duty claims at the pleading stage, offers takeaways for boards considering a sale, including the importance of playing an active role in the merger process and documenting key board materials, say attorneys at Cleary.

  • Series

    Practicing Stoicism Makes Me A Better Lawyer

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    Practicing Stoicism, by applying reason to ignore my emotions and govern my decisions, has enabled me to approach challenging situations in a structured way, ultimately providing advice singularly devoted to a client's interest, says John Baranello at Moses & Singer.

  • Series

    The Biz Court Digest: Texas, One Year In

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    A year after the Texas Business Court's first decision, it's clear that Texas didn't just copy Delaware and instead built something uniquely its own, combining specialization with constitutional accountability and creating a model that looks forward without losing touch with the state's democratic and statutory roots, says Chris Bankler at Jackson Walker.

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