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Mergers & Acquisitions
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December 18, 2025
Trump Media Combining With TAE In $6B Nuclear Fusion Deal
Trump Media and Technology Group said Thursday it has agreed to merge with TAE Technologies, a privately held fusion power company, in an all-stock deal valued at $6 billion that would create one of the first publicly traded fusion energy companies.
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December 17, 2025
Lawmakers Raise Concerns Over Nexstar's $6.2B Tegna Deal
A group of Democratic lawmakers has urged federal enforcers to closely scrutinize Nexstar Media Group Inc.'s planned $6.2 billion purchase of rival broadcast company Tegna Inc. and to block the deal if they find it violates the law.
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December 17, 2025
2 Firms Guide $192M Northern California Bank Merger
Northern California's Community West Bank and United Security Bank on Wednesday announced plans to merge by the middle of next year in a $192 million deal guided by Otteson Shapiro LLP and Stuart Moore Staub.
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December 17, 2025
10th Circ. Panel Restores $2.9M FINRA Award Against Adviser
A Tenth Circuit panel on Wednesday reinstated a $2.9 million Financial Industry Regulatory Authority arbitration award against a financial adviser who allegedly undermined a firm she worked for, ruling that she waived any objections she had to arbitrating with the plaintiffs before FINRA.
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December 17, 2025
Chancery OKs $10M Fat Brands Settlement, Defers Fees
A judge in the Delaware Chancery Court on Wednesday approved a proposed settlement resolving two long-running shareholder derivative suits against Fat Brands Inc. and its controlling stockholder, finding that the deal delivers immediate cash, targeted governance reforms and a realistic recovery in light of substantial litigation and collectibility risks, while reserving judgment on a disputed request for attorney fees.
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December 17, 2025
Coursera, Udemy Merging Into $2.5B Online Education Co.
Online education company Coursera said Wednesday it has agreed to buy rival Udemy in an all-stock deal valuing the combined company at about $2.5 billion, as the firms look to scale their platforms amid rising demand for job-ready skills driven by artificial intelligence.
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December 17, 2025
Hogan Lovells-Led Twins Add Investors, Keep Family Control
The Minnesota Twins, counseled by Hogan Lovells, announced three new minority investors on Wednesday, including the owner of the market's NHL franchise, four months after the Pohlad family called off plans to sell the MLB team.
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December 17, 2025
DOJ Says Live Nation Can't Avoid Jury In Antitrust Case
The Justice Department wants a New York federal judge to force Live Nation to face a jury next year on allegations it bought, coerced and leveraged its way to live performance dominance, arguing in a newly unsealed brief that there are too many factual disputes to upstage the lawsuit.
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December 17, 2025
Air Taxi Co. Settles SPAC Merger Price Suit For $17.75M
Stockholders of former air transport venture Blade Air Mobility Inc. have agreed to settle for $17.75 million a Delaware Chancery Court stockholder derivative suit accusing an officer and controlling investors of breaching their fiduciary duties in a take-public deal via a special purpose acquisition company.
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December 17, 2025
UWM Nabs MSR-Focused REIT In $1.3B All-Stock Deal
Greenberg Traurig-advised mortgage lender UWM Holdings Corp. on Wednesday unveiled plans to acquire mortgage servicing rights-focused REIT Two Harbors Investment Corp., led by Jones Day, in an all-stock deal that boasts an equity value of $1.3 billion.
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December 17, 2025
Edinburgh Trust Urges Shareholders To Nix Board Takeover Bid
British investment company Edinburgh Worldwide on Wednesday urged its shareholders to vote against proposals made by its biggest shareholder Saba Capital to revamp its board, in what it called an attempt to "take control on the cheap."
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December 17, 2025
Blackstone Seals $5B Partnership With Israeli Asset Manager
Israel-based asset management and insurance company Phoenix Financial on Wednesday announced that it has entered into a strategic partnership with Simpson Thacher & Bartlett LLP-led private equity giant Blackstone under which the Israeli firm will invest up to $5 billion across a range of credit strategies.
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December 17, 2025
Diageo To Exit Kenya In $2.3B Deal With Asahi
Guinness owner Diageo said Wednesday that it has agreed to sell its Kenyan subsidiary to Japanese rival Asahi in a $2.3 billion deal, marking its exit from the East African country.
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December 17, 2025
Warner Bros. Board Rejects 'Inferior' Paramount Bid
Warner Bros. Discovery Inc. said Wednesday that its board has determined Paramount Skydance Corp.'s $108.4 billion hostile offer is not a "superior proposal" to the company's pending $82.7 billion agreement with Netflix.
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December 17, 2025
Finance Co. Gets Extra Time To Make £523M UK Credit Biz Bid
Britain's merger regulator has extended the deadline of U.S. finance group BasePoint Capital LLC to table a £523 million ($697 million) bid for International Personal Finance PLC, the U.K. credit provider said Wednesday.
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December 17, 2025
Greencore's £1.2B Bakkavor Deal To Complete After CMA OK
Irish food manufacturer Greencore said Wednesday that it expects its £1.2 billion ($1.6 billion) acquisition of rival Bakkavor to complete in January after the U.K.'s competition authority abandoned its probe amid antitrust fixes proposed by the sides.
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December 16, 2025
Judge Skeptical Of Trump-Tied SPAC's Defense In SEC Suit
A former Trump business associate appeared unlikely to win early dismissal of a U.S. Securities and Exchange Commission suit accusing him of hiding advanced merger discussions with the president's media company from SPAC investors in 2021, as a federal judge wondered Tuesday how the talks could be considered immaterial.
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December 16, 2025
Va. Judge Advances Most Claims In Stelara Antitrust Case
A Virginia federal judge has allowed health insurer CareFirst's anticompetition and patent fraud claims against Johnson & Johnson to move forward in a case alleging anticompetitive behavior in relation to the immunosuppressive drug Stelara, while letting the pharmaceutical giant escape some claims of misrepresentation.
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December 16, 2025
The Most Important Healthcare And Life Science Deals Of 2025
Attorneys taking stock of 2025 spoke to Law360 about the most important deals of the year, including Pfizer’s high-profile acquisition of Metsera and transactions in outpatient services and gene therapy.
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December 16, 2025
Trends That Shaped Healthcare Dealmaking In 2025
With 2025 coming to a close, Law360 Healthcare Authority asked attorneys focused on healthcare deals for their take on the trends that influenced dealmaking over the last 12 months.
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December 16, 2025
PE Giant KKR Plugs $220M Into Dubai-Based Premialab
Data, analytics and risk management solutions provider Premialab, advised by A&O Shearman, on Tuesday revealed that it received a $220 million growth investment from Gibson Dunn & Crutcher LLP-led private equity giant KKR.
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December 16, 2025
JP Morgan PE Group's Latest Fund Exceeds Target At $1.44B
J.P. Morgan Asset Management's private equity group closed its 12th flagship fund, PEG Global Private Equity XII, above its $1.25 billion target at $1.44 billion, the firm announced Tuesday.
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December 16, 2025
Kering, Ardian Form $900M JV At Luxury NYC Property
French luxury group Kering said Tuesday it has completed another real estate joint venture with private equity firm Ardian, expanding a partnership launched earlier this year with a $900 million deal for a Fifth Avenue retail property in New York City.
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December 15, 2025
Del. Justices Put ITG On Hook For $250M Reynolds Settlement
Delaware's Supreme Court stubbed out an eight-year ITG Brands LLC legal battle to avoid paying R.J. Reynolds more than $250 million to cover health-related settlement payments to Florida after ITG's acquisition of four of the cigarette company's brands, according to a ruling issued Monday.
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December 15, 2025
Fast-Track Sale Timeline Denied In Furniture Co. Ch. 11
A Delaware bankruptcy judge rejected an expedited timeline for the sale of the assets of home furnishing retailer American Signature Furniture, finding that the proposed 34-day process would not give enough time for an investigation of insider claims and the appointment of a consumer privacy ombudsman.
Expert Analysis
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Series
Teaching Trial Advocacy Makes Us Better Lawyers
Teaching trial advocacy skills to other lawyers makes us better litigators because it makes us question our default methods, connect to young attorneys with new perspectives and focus on the needs of the real people at the heart of every trial, say Reuben Guttman, Veronica Finkelstein and Joleen Youngers.
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Series
Adapting To Private Practice: From Texas AUSA To BigLaw
As I learned when I transitioned from an assistant U.S. attorney to a BigLaw partner, the move from government to private practice is not without its hurdles, but it offers immense potential for growth and the opportunity to use highly transferable skills developed in public service, says Jeffery Vaden at Bracewell.
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Drafting M&A Docs After Delaware Corp. Law Amendments
Attorneys at Greenberg Traurig discuss how the March and June amendments to the Delaware General Corporation Law affect the drafting of corporate and M&A documents, including board resolutions, governing documents, and books and records demands.
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Advice For 1st-Gen Lawyers Entering The Legal Profession
Nikki Hurtado at The Ferraro Law Firm tells her story of being a first-generation lawyer and how others who begin their professional journeys without the benefit of playbooks handed down by relatives can turn this disadvantage into their greatest strength.
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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.