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May 28, 2026
The Delaware Chancery Court has dismissed a stockholder derivative suit against several venture capital investors and directors of biotechnology company Ayala Pharmaceuticals Inc., ruling that the plaintiff failed to show the board could not independently evaluate litigation over a disputed 2023 financing deal.
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May 28, 2026
Broadcast industry advocates in Washington doubled down on their view that it's time to relax media ownership limits at all levels because the regulations unfairly pit them against "fierce" competitors like audio and video streamers.
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May 28, 2026
The National Association of Broadcasters told the Ninth Circuit that a lower court's view of the market in a case challenging the $6.2 billion merger between Nexstar and Tegna is inconsistent with its members' experience and contradicts industry data recently submitted to regulators.
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May 28, 2026
Federal rail regulators paused their review of Union Pacific's proposed $85 billion purchase of Norfolk Southern, concluding Thursday that the railways need to further supplement their merger notification after going back to the drawing board earlier this year.
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May 28, 2026
Private equity giant Apollo took a stake in home services company Apex Service Partners to value it at $10 billion, chipmaker Groq Inc. is hoping to raise $650 million to launch a new company focused on artificial intelligence "neoclouds," and semiconductor company Qualcomm inked a supply deal with TikTok owner ByteDance. Here, Law360 breaks down the notable deal rumors from the past week.
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May 28, 2026
Houston energy firm ARM Energy Holdings LLC was sued in Texas Business Court over allegations that one co-founder and its general counsel pushed another co-founder out of the company and lowballed the membership stake tied to him.
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May 28, 2026
The Bank of N.T. Butterfield & Son Ltd. said Thursday it has agreed to acquire CIBC's 91.7% stake in CIBC Caribbean Bank Ltd. for $1.794 billion, creating a regional banking platform with about $29 billion in assets across international financial centers and Caribbean markets.
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May 28, 2026
Former Reebok CEO and billionaire philanthropist Paul Fireman said a "baseless" shareholder lawsuit against him and a biotech company he later sold to Janssen Pharmaceuticals Inc. for $85 million was an effort to get him to "cave" to demands for more money, according to a complaint filed in Massachusetts state court Wednesday.
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May 28, 2026
The European Union said Thursday that it had opened a probe into Chinese e-commerce firm JD.com's €2.2 billion ($2.6 billion) takeover bid for German electronics retailer Ceconomy, linked to concerns the Chinese firm had been granted distortive foreign subsidies.
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May 28, 2026
Caesars Entertainment has agreed to be sold to Fertitta Entertainment in an all-cash transaction valued at approximately $17.6 billion, including debt, in a deal steered by four law firms, the companies announced Thursday.
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May 28, 2026
Fattal Hotel Group has tabled a non-binding proposal for a £930 million ($1.2 billion) takeover of PPHE Hotel Group Ltd., offering £22 in cash per share in a move that would take the London-listed hospitality operator fully private.
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May 28, 2026
Britain's competition regulator said in a statement Thursday it has cleared a proposed $3.4 billion joint venture between Brazilian pulp producer Suzano and U.S. consumer goods company Kimberly-Clark.
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May 28, 2026
Specialist chemicals company Johnson Matthey said Thursday that it will buy Cormetech, a U.S. manufacturer of environmental catalysts, for as much as $460 million as it seeks to add to its emissions control business.
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May 27, 2026
Live Nation has told a New York federal judge that its bids for a new trial or judgment in its favor should go before state attorneys general to get discovery as they seek the forced divestiture of Ticketmaster to address the live music giant's monopoly.
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May 27, 2026
MasterBrand Inc. and American Woodmark Corp. said they are on track to close MasterBrand Inc.'s $3.6 billion purchase of American Woodmark after clearing an in-depth Federal Trade Commission review.
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May 27, 2026
Digital infrastructure-focused asset manager DigitalBridge Group Inc. on May 27 announced plans to acquire power and electric infrastructure-focused investor ArcLight Capital Partners in a $1.05 billion deal built by six law firms.
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May 27, 2026
Pierce Atwood and two attorneys urged a Massachusetts federal judge to reject a Ukrainian billionaire's suit blaming them for a $1.8 million damages order in investor litigation over the billionaire's failed biotech company, saying his own wrongdoing led to the judgment.
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May 27, 2026
Taiwanese solid-state battery-maker ProLogium Holding Inc. said Wednesday it has agreed to go public through a SPAC merger with New York-based Translational Development Acquisition Corp., in a deal valuing ProLogium at approximately $3.8 billion on a pre-money, net cash-free basis.
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May 27, 2026
World Wrestling Entertainment Inc. investors won sanctions in the Delaware Chancery Court after a judge found former CEO Vince McMahon and other senior executives recklessly allowed encrypted and ephemeral Signal messages and other evidence tied to WWE's $21.4 billion merger with Ultimate Fighting Championship to disappear during litigation over the deal.
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May 27, 2026
A career Weil Gotshal & Manges LLP attorney has moved to Wilson Sonsini Goodrich & Rosati as a mergers and acquisitions partner in New York, the latter firm announced Wednesday.
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May 27, 2026
Nuclear energy company Newcleo Ltd. on Wednesday unveiled plans to go public by merging with special purpose acquisition company NewHold Investment Corp. III in a deal that values Newcleo at a pre-money equity value of roughly $2.4 billion and was built by three law firms.
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May 27, 2026
Dulux paint-maker AkzoNobel said Wednesday that it has rejected a bid of €12.5 billion ($14.6 billion) by U.S. rival Sherwin-Williams and Nippon Paint of Japan in favor of a merger it had already agreed with Axalta Coating Systems to form a $25 billion company.
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May 26, 2026
A group of Bridge Investment Group Holdings Inc. investors has filed a proposed class action against a handful of the company's executives and directors, claiming that the firm's stock-for-stock merger with Apollo Global Management Inc. led to big gains for Bridge's controlling stockholders that weren't shared with public, minority stockholders.
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May 26, 2026
Charles Schwab and its investors have urged the Fifth Circuit to affirm a final deal they reached in Texas federal court to conclude an antitrust suit over its merger with TD Ameritrade, arguing among other things that Iowa's attorney general lacks standing to appeal the class settlement.
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May 26, 2026
Government contractor Applied Aerospace & Defense unveiled a targeted $634 million initial public offering steered by Kirkland & Ellis LLP and Davis Polk & Wardwell LLP, with 32.5 million shares priced between $18 and $21, according to a Tuesday statement.