Mergers & Acquisitions

  • 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."

  • February 09, 2026

    Sports Flooring Makers Want Antitrust Merger Suit Tossed

    A manufacturer of flooring for sporting events has asked a Utah federal judge to toss an antitrust suit from several of its distributors, casting doubt on claims that its recent acquisition of a competing company is an anticompetitive power play.

  • February 09, 2026

    Amazon Inks Multibillion STMicro Deal Amid Massive AI Push

    Amazon Web Services is committing to buy several billion dollars' worth of STMicroelectronics chips and related services over the life of a new multiyear agreement, the chipmaker announced Monday. 

  • February 09, 2026

    Fried Frank Hires Pillsbury M&A, PE Head

    Fried Frank Harris Shriver & Jacobson LLP announced Monday that it has hired the former head of Pillsbury Winthrop Shaw Pittman LLP's mergers and acquisitions and private equity practices, touting his transactional experience across a wide range of industries.

  • February 09, 2026

    Paul Weiss, Goodwin Steer Eli Lilly's $2.4B Orna Buy

    Pharmaceutical giant Eli Lilly & Co., advised by Paul Weiss Rifkind Wharton & Garrison LLP, on Monday announced that it has agreed to buy Goodwin Procter LLP-led biotechnology firm Orna Therapeutics Inc. in a deal where Orna shareholders could receive up to $2.4 billion in cash.

  • February 09, 2026

    Safanad Sells UK Care Home Biz To REIT For $1.6B

    Principal-led investment company Safanad announced Monday that it sold U.K. care-home provider HC-One to a healthcare real estate investment trust for over $1.6 billion.

  • February 09, 2026

    Slaughter And May Leads NatWest £2.7B Wealth Manager Buy

    NatWest said Monday that it has agreed to acquire British wealth manager Evelyn Partners from Permira, a global investment company, and private equity firm Warburg Pincus for £2.7 billion ($3.7 billion) to boost its private banking and wealth management business.

  • February 09, 2026

    2 Arnold & Porter M&A Attys Join WilmerHale In Silicon Valley

    WilmerHale continues boosting its dealmaking team with attorneys from Arnold & Porter Kaye Scholer LLP, announcing Monday that two technology mergers and acquisitions experts are joining its Silicon Valley office in Palo Alto, California.

  • February 09, 2026

    Weil Helps Advent, FedEx Buy Poland's InPost For €7.8B

    A consortium that includes U.S. private equity firm Advent International LP and FedEx Corp. said Monday that it has agreed to buy InPost for €7.8 billion ($9.2 billion) to back the growth in Europe of the Polish parcel locker company.

  • February 06, 2026

    News-Rating Biz Escalates Fight Against 'Retaliatory' FTC Deal

    News-rating organization NewsGuard took aim Friday at a Federal Trade Commission settlement barring merging ad-buying giants from doing business with it, challenging that deal and an FTC subpoena in a D.C. federal court lawsuit alleging that both are "part of a broader retaliatory campaign" against NewsGuard and other sites.

Expert Analysis

  • Navigating Privilege Law Patchwork In Dual-Purpose Comms

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    Three years after the U.S. Supreme Court declined to resolve a circuit split in In re: Grand Jury, federal courts remain split as to when attorney-client privilege applies to dual-purpose legal and business communications, and understanding the fragmented landscape is essential for managing risks, say attorneys at Covington.

  • Key Changes In World Bank's New Compliance Updates

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    Recent updates to integrity guidelines for companies that bid and work on World Bank-financed projects are sufficiently extensive and unique that covered businesses must take proactive steps to map the changes against their existing compliance programs or risk severe business consequences, say attorneys at Steptoe.

  • What Changed For Healthcare Transaction Law In 2025

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    Though much of the legislation introduced last year to expand state scrutiny of healthcare transactions did not pass, investors should pay close attention to the overarching trends, which are likely to continue in this year's legislative sessions, say attorneys at Ropes & Gray.

  • 7 Ways In-House Counsel May Unearth Red Flags In AI M&A

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    In-house counsel and executives conducting M&A due diligence in the artificial intelligence arena can surface hidden liabilities and avoid problems or divestitures by adopting strategies in key areas, including intellectual property provenance and postclose risk management, say attorneys at Reed Smith.

  • Series

    Fly-Fishing Makes Me A Better Lawyer

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    Much like skilled attorneys, the best anglers prize preparation, presentation and patience while respecting their adversaries — both human and trout, says Rob Braverman at Braverman Greenspun.

  • 4 Ways GCs Can Manage Growing Service Of Process Volume

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    As automation and arbitration increase the volume of legal filings, in-house counsel must build scalable service of process systems that strengthen corporate governance and manage risk in real time, says Paul Mathews at Corporation Service Co.

  • Series

    The Law Firm Merger Diaries: Forming Measurable Ties

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    Relationship-building should begin as early as possible in a law firm merger, as intentional pathways to bringing people together drive collaboration, positive client response, engagements and growth, says Amie Colby at Troutman.

  • 5 E-Discovery Predictions For 2026 And Beyond

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    2026 will likely be shaped by issues ranging from artificial intelligence regulatory turbulence to potential evidence rule changes, and e-discovery professionals will need to understand how to effectively guide the responsible and defensible adoption of emerging tools, while also ensuring effective safeguards, say attorneys at Littler.

  • Series

    Judges On AI: How Courts Can Boost Access To Justice

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    Arizona Court of Appeals Judge Samuel A. Thumma writes that generative artificial intelligence tools offer a profound opportunity to enhance access to justice and engender public confidence in courts’ use of technology, and judges can seize this opportunity in five key ways.

  • Opinion

    The Case For Emulating, Not Dividing, The Ninth Circuit

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    Champions for improved judicial administration should reject the unfounded criticisms driving recent Senate proposals to divide the Ninth Circuit and instead seek to replicate the court's unique strengths and successes, says Ninth Circuit Judge J. Clifford Wallace.

  • Banking M&A Outlook Reflects Favorable Regulatory Climate

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    The banking mergers and acquisitions environment is starting 2026 with a rare alignment of favorable market conditions and a more permissive regulatory atmosphere, creating a clear window for banks to pursue transformative combinations and shape the competitive landscape, say attorneys at Reed Smith.

  • Series

    Muay Thai Makes Me A Better Lawyer

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    Muay Thai kickboxing has taught me that in order to win, one must stick to one's game plan and adapt under pressure, just as when facing challenges by opposing counsel or judges, says Mark Schork at Feldman Shepherd.

  • Series

    Law School's Missed Lessons: Intentional Career-Building

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    A successful legal career is built through intention: understanding expectations, assessing strengths honestly and proactively seeking opportunities to grow and cultivating relationships that support your development, say Erika Drous and Hillary Mann at Morrison Foerster.

  • Chancery Exec Noncompete Ruling Offers PE Buyer Lessons

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    In Derge v. D&H United Fueling Solutions, the Delaware Court of Chancery sided with a private equity-backed portfolio company by enforcing a noncompete against an executive, providing private equity buyers with a checklist of factors for an enforceable noncompete in the sale-of-business context, says Danielle Asaad at Squire Patton.

  • How Shareholder Activism Fared In 2025

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    2025 was a turbulent yet transformative year in shareholder activism, and there are several key takeaways to help companies prepare for a 2026 that is shaping up to be even more lively, including increased focus on retail investors and the use of social media as a tool, say attorneys at Sidley.

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