Mergers & Acquisitions

  • September 04, 2025

    Music Lyrics Co.'s $1B Antitrust Suit Mostly Survives

    A California federal judge largely refused to dismiss LyricFind Inc.'s $1 billion suit accusing a streaming music lyrics rival of using an exclusive deal with Warner Music to edge it out of the market, crediting claims about the importance of Warner while nixing some business interference allegations.

  • September 04, 2025

    Albertsons Says Kroger CEO Docs Fair Game In Del. Suit

    An attorney for Albertsons Companies Inc. told a Delaware vice chancellor Thursday the food and drugstore giant should get access to The Kroger Co.'s documents related to CEO Rodney McMullen's abrupt exit from the job months after the collapse of the two companies' planned $25 billion merger.

  • September 04, 2025

    Returning SPAC Teams Kick Off Fresh IPOs Totaling $400M

    One SPAC targeting growth-focused U.S. businesses began trading on Thursday while another focused on the natural resources and decarbonization sectors was set to begin trading Friday, with the two having raised a combined $400 million in initial public offerings.

  • September 04, 2025

    Monthly Merger Review Snapshot

    The Justice Department settled a challenge to UnitedHealth's $3.3 billion home hospice acquisition while Democrats called for a judge to reject a different government settlement and the Federal Trade Commission moved against medical technologies transactions for heart valves and device coatings.

  • September 04, 2025

    NJ Judge Greenlights Ch. 11 Plan For Real Estate Firm

    A New Jersey federal judge said Thursday he will approve a Chapter 11 plan for a troubled real estate investment firm that includes selling an affordable housing complex in Pittsburgh and creating a litigation trust to recover hundreds of millions allegedly stolen by the company's now-imprisoned founder.

  • September 04, 2025

    5 Firms Guide Rithm Capital's Crestline Buy

    Five firms steered real estate-focused investment firm Rithm Capital Corp.'s purchase of Crestline Management, adding and expanding the firm's private credit, insurance and reinsurance capabilities with the acquisition.

  • September 04, 2025

    MFE Takes Majority Stake In ProSiebenSat.1 For About $1.8B

    MFE-MediaForEurope said Thursday it has become the majority shareholder of ProSiebenSat.1 Media after securing a 75.61% stake in the German broadcaster, a holding worth about $1.8 billion based on the company's earlier $2.4 billion valuation.

  • September 04, 2025

    US Steel, Nippon Drop Suit Against Cleveland-Cliffs, USW

    U.S. Steel and its new parent company, Nippon Steel, have ended their lawsuit accusing rival steelmaker Cleveland-Cliffs Inc. and the United Steelworkers union of attempting to sabotage their merger earlier this year.

  • September 04, 2025

    Cube Highways Trust Mulls $600M IPO, Plus More Rumors

    Indian infrastructure investment trust Cube Highways Trust is considering a $600 million initial public offering, premium diaper brand Coterie is in talks to be acquired by consumer goods business Mammoth Brands, and European antitrust regulators have reportedly paused their investigation into ADNOC's $17.1 billion acquisition of German chemicals producer Covestro.

  • September 04, 2025

    British SPAC Ends Talks To Buy Australian Mining Co.

    British blank-check company Pineapple Power said Thursday that it has called off its proposed acquisition of Australian mining company Buffalo Battery Metals, "despite significant effort by both parties" to reach a deal, with plans to resume trading after more than eight months.

  • September 04, 2025

    Shareholders Back Apax Partners' €916M Apax Global Deal

    Investment company Apax Global Alpha Ltd. said Thursday that its shareholders have thrown their weight behind a €916.5 million ($1.1 billion) takeover deal put forward by Apax Partners LLP, a private equity firm that it works with.

  • September 04, 2025

    Anglo American Spins Off Remaining Valterra Stake For $2.5B

    Mining giant Anglo American PLC said Thursday that it has offloaded its remaining 19.9% stake in Valterra Platinum Ltd. for $2.5 billion to South African investors, completing the sale of its platinum business.

  • September 03, 2025

    Derivative Claim Miss Dooms Chancery Squeeze-Out Suit

    A minority stockholder suit alleging a $15 million "sham foreclosure" of storage venture Clutter Holdings Inc. — allegedly once worth $1.2 billion — was tossed Wednesday in Delaware's Court of Chancery, in a ruling that found the claims unsupportable or derivative and ineligible for direct investor recoveries.

  • September 03, 2025

    Ex-OCC Acting Chief Counsel Joins Perkins Coie In DC

    The former acting chief counsel of the Office of the Comptroller of the Currency has joined Perkins Coie as a partner in the firm's Washington, D.C., office, where he will focus on bank mergers, regulatory matters, enforcement response and risk management, among other things.

  • September 03, 2025

    Weil, Cooley Lead Remedy Meds' $500M Thirty Madison Buy

    Consumer virtual-care and pharmacy platform Remedy Meds LLC, advised by Weil Gotshal & Manges LLP, on Wednesday announced plans to buy virtual specialized healthcare company Thirty Madison Inc., led by Cooley LLP, in an all-stock deal valued just upwards of $500 million.

  • September 03, 2025

    Novartis Inks Up To $5.2B Deal With Chinese Cardio Biotech

    China's Argo Biopharmaceutical Co., a biotechnology company developing RNA-based medicines, said Wednesday it has struck an up to $5.2 billion deal with Novartis to advance several treatments for heart and blood vessel conditions. 

  • September 03, 2025

    Akin Opens In Chicago With 4 New Partners

    Akin Gump Strauss Hauer & Feld LLP has opened the doors to its newest office, in Chicago, the firm announced Wednesday, with a quartet of partners who joined the firm this spring from Mayer Brown LLP.

  • September 03, 2025

    Latham Adds Former Fried Frank Atty To M&A, PE Team In NY

    Latham & Watkins LLP announced another addition to its mergers and acquisitions and private equity practice Tuesday, welcoming a former Fried Frank Harris Shriver & Jacobson LLP attorney with broad expertise in asset management M&A transactions.

  • September 03, 2025

    4 Firms Steer $2.7B Sale Of Aon's NFP Wealth Biz

    Aon said Wednesday it has agreed to sell various business units that make up the majority of NFP's wealth management operations to private equity firm Madison Dearborn Partners in a transaction worth $2.7 billion, with Skadden, Dentons, Paul Weiss and Kirkland representing the parties.

  • September 03, 2025

    Stephenson Harwood-Led SPAC Joins AIM After Raising £12M

    Vulcan Two Group PLC said Wednesday it has started to trade AIM in London after the U.K. online pharmacy acquisition company sold new shares worth £12 million ($16 million) to investors.

  • September 03, 2025

    KKR Secures UK Gov't Approval For £4.2B Spectris Takeover

    KKR has won backing from the U.K. government for its £4.2 billion ($5.6 billion) proposed takeover of high-tech instrument-maker Spectris, the companies said Wednesday, paving the way for the deal to reach completion.

  • September 02, 2025

    DC Circ. Refuses To Block Fired FTC Dem's Reinstatement

    A split D.C. Circuit panel Tuesday refused to stay a lower court's order reinstating a Democratic member of the Federal Trade Commission, finding that the government has "no likelihood of success" fighting her reinstatement because President Donald Trump broke the law when he fired her without cause.

  • September 02, 2025

    Speculation Can't Halt Medical Coatings Merger, GTCR Says

    GTCR BC Holdings LLC should be allowed to merge the nation's leading medical coatings supplier with the second leading provider because federal regulators spent two weeks simply relying on speculation and theory to prove its losing antitrust case, the private equity subsidiary argued.

  • September 02, 2025

    Del. Court Tosses Trump Media Suit, Avoids Immunity Fight

    Citing multiple reasons to dismiss former consultant claims that they were cheated during the take-public workup for President Donald Trump's "Truth Social" media site, a Delaware vice chancellor on Tuesday tossed the suit while declining to consider assertions that presidential immunity barred the court from going forward.

  • September 02, 2025

    Google Calls DOJ Ad Tech Expert 'Unqualified'

    Google asked a Virginia federal judge to block key U.S. Department of Justice evidence from the upcoming trial in which the government will seek the breakup of the company's advertising placement technology business, arguing its internal analysis on the feasibility of a breakup is protected.

Expert Analysis

  • Tracking The Evolution In Litigation Finance

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    Despite continued innovation, litigation finance remains an immature market with borrowers recieving significantly different terms as lenders learn to value cases, which firms need a strong handle on to ensure lending terms do not overwhelm collateral value, says Robert Wilkins at Lightfoot Franklin.

  • Keys To Regulatory Diligence In Life Sciences Transactions

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    Conducting effective regulatory due diligence for life sciences deals requires careful review of a target company's activities, and separate sets of considerations for commercial and pipeline products, says Anna Zhao at GunnerCooke.

  • Series

    Volunteer Firefighting Makes Me A Better Lawyer

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    While practicing corporate law and firefighting may appear incongruous, the latter benefits my legal career by reminding me of the importance of humility, perspective and education, says Nicholas Passaro at Ford.

  • Calif. Antitrust Laws May Turn More Zealous Than US Regs

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    California is poised in the next 18 months to significantly expand its antitrust laws, broadening the scope of liability and creating a premerger review process that could be more expansive than review under the Hart-Scott-Rodino Act, say attorneys at Munger Tolles.

  • E-Discovery Quarterly: The Perils Of Digital Data Protocols

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    Though stipulated protocols governing the treatment of electronically stored information in litigation are meant to streamline discovery, recent disputes demonstrate that certain missteps in the process can lead to significant inefficiencies, say attorneys at Sidley.

  • A Look At M&A Trends In An Uncertain Deal Environment

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    Dealmakers are adopting more cautious and deliberate merger and acquisition practices, such as earnout agreements, joint ventures and strategic partnerships that mitigate risk and bridge valuation gaps, amid the slower pace so far in 2025, says Louis Lehot at Foley & Lardner.

  • Series

    Law School's Missed Lessons: Preparing For Corporate Work

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    Law school often doesn't cover the business strategy, financial fluency and negotiation skills needed for a successful corporate or transactional law practice, but there are practical ways to gain relevant experience and achieve the mindset shifts critical to a thriving career in this space, says Dakota Forsyth at Olshan Frome.

  • FTC Focus: Synthetic Data Yields Antitrust Considerations

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    Attorneys at Proskauer explore the burgeoning world of synthetic data, the antitrust implications involved, the Federal Trade Commission's role in regulating this space and practical takeaways from these emerging issues.

  • Opinion

    Slater Heralds Return To US Antitrust Norms, Innovation

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    Under recently confirmed Assistant Attorney General Gail Slater, the Antitrust Division of the U.S. Department of Justice can fulfill President Donald Trump's objective to reestablish American economic dominance on the global stage while remaining faithful to antitrust's core principles, says Ediberto Roman at the Florida International University College of Law.

  • A Cold War-Era History Lesson On Due Process

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    The landmark Harry Bridges case from the mid-20th century Red Scare offers important insights on why lawyers must be free of government reprisal, no matter who their client is, says Peter Afrasiabi at One LLP.

  • Series

    Improv Makes Me A Better Lawyer

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    Improv keeps me grounded and connected to what matters most, including in my legal career where it has helped me to maintain a balance between being analytical, precise and professional, and creative, authentic and open-minded, says Justine Gottshall at InfoLawGroup.

  • How BigLaw Executive Orders May Affect Smaller Firms

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    Because of the types of cases they take on, solo practitioners, small law firms and public interest attorneys may find themselves more dramatically affected by the collective impact of recent government action involving the legal industry than even the BigLaw firms named in the executive orders, says Reuben Guttman at Guttman Buschner.

  • 4th Circ. Health Data Ruling Opens Door To State Law Claims

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    In Real Time Medical v. PointClickCare, the Fourth Circuit recently clarified that state law claims can rest in part on violations of a federal law that prohibits electronic health information blocking, expanding legal risks for health IT companies and potentially creating exposure to a range of competitive implications, say attorneys at BCLP.

  • Opinion

    Lawsuits Shouldn't Be Shadow Assets For Foreign Capital

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    Third-party litigation financing amplifies inefficiencies from litigation and facilitates national exposure to foreign influence in the U.S. justice system, so full disclosure of financing arrangements should be required as a matter of institutional integrity, says Roland Eisenhuth at the American Property Casualty Insurance Association.

  • 2 Del. Rulings Reinforce Proof Needed For Records Demands

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    Two recent Delaware Court of Chancery decisions involving Amazon and Paramount Global illustrate the significance of the credible basis standard on books and records requests, underscoring that stockholders seeking to investigate wrongdoing must come forward with actual evidence of misconduct — not mere allegations, say attorneys at Cleary.

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