Mergers & Acquisitions

  • April 30, 2026

    ADW Pursues $3B Takeover Of Meineke Owner, More Rumors

    Hedge fund ADW Capital is trying to scoop up Meineke owner Driven Brands in a $3 billion deal, SpaceX told investors that only Elon Musk has the power to remove himself as the leader of the space exploration giant, and technology services firm Virtusa Corp. is looking to raise $1 billion in an India initial public offering.

  • April 30, 2026

    Bitcoin Miner MARA Inks $1.5B Deal To Expand Power Assets

    Bitcoin miner MARA Holdings Inc. said Thursday it has agreed to buy FTAI Infrastructure Inc.'s Long Ridge Energy & Power unit for $1.5 billion, including assumed debt, in a deal steered by three law firms.

  • April 30, 2026

    Exec Fired By 5-Hour Energy Founder Wins Trial Over Pay

    A Manhattan federal jury credited severance claims from an executive who worked for the former publisher of Sports Illustrated, awarding him over $1 million after he was fired when the billionaire founder of 5-Hour Energy drinks took control, according to a Thursday verdict sheet.

  • April 30, 2026

    Lazard To Buy HSF Kramer-Led Campbell Lutyens For $575M

    Lazard Inc. said Thursday that it will buy London-based Campbell Lutyens for $575 million to create a global private capital advisory unit.

  • April 30, 2026

    Irish Energy Biz Snubs £5B Bid From KKR-Led Consortium

    DCC PLC said Thursday it has rejected a preliminary £4.95 billion ($6.7 billion) takeover bid from a consortium led by private equity firms Energy Capital Partners LP and KKR, because the proposal significantly undervalues the Irish energy distributor.

  • April 29, 2026

    Vacasa Investors Sue Over Spurned $131M Merger Bid

    Vacation rental company Vacasa is facing a proposed class action in Oregon from stockholders after accepting an acquisition bid from Casago that was $12 million lower on its face than a rival offer from Davidson Kempner Capital Management.

  • April 29, 2026

    Teva Acquires Tourette's Drugmaker For Up To $900M

    Biopharmaceutical company Teva Pharmaceuticals, advised by Faegre Drinker Biddle & Reath LLP, on Wednesday announced plans to acquire Bradley Arant Boult Cummings LLP-advised Emalex Biosciences for up to $900 million.

  • April 29, 2026

    3 Firms Advise Cognizant's $600M AI Infrastructure Co. Buy

    Artificial intelligence builder and technology services company Cognizant said it will expand its AI infrastructure capabilities with the acquisition of San Jose, California-based Astreya for about $600 million, a deal guided by Mayer Brown LLP, Latham & Watkins LLP and Skadden Arps Slate Meagher & Flom LLP.

  • April 29, 2026

    Ropes & Gray Guides Italy's Chiesi On $1.9B US Biotech Deal

    Chiesi Group said Wednesday it will acquire KalVista Pharmaceuticals in a deal valued at about $1.9 billion, expanding the Italian biopharmaceutical company's rare disease portfolio with a newly approved treatment for a rare hereditary swelling disorder. 

  • April 29, 2026

    Skadden, Hannes Steer Kone's €29.4B Deal For German Rival

    Finnish lift engineering heavyweight Kone will buy TK Elevator GmbH in a cash and stock deal that values the German rival at €29.4 billion ($34 billion), the companies said Wednesday.

  • April 29, 2026

    Spanish Travel Tech Biz To Buy Biometrics Co. For €1.2B

    Spain's Amadeus said Wednesday it plans to acquire Idemia Public Security, a French biometrics firm, for €1.2 billion ($1.4 billion) as the travel tech giant seeks to boost its border control capabilities.

  • April 28, 2026

    SPAC Targets Maha Capital In $490M Energy-Fintech Deal

    Maha Capital AB, a Swiss public company that boasts a portfolio of energy-related assets and fintech operations, on Tuesday revealed it had entered into a letter of intent to merge with special purpose acquisition company Blue Water Acquisition Corp. IV to form a new, publicly traded company.

  • April 28, 2026

    US, Australian Firms Guide $835M Greenland Rare Earths Deal

    Critical Metals Corp. plans to acquire all outstanding shares of European Lithium Ltd. in an all-stock transaction valued at about $835 million, in a deal that would consolidate ownership of the Greenland rare earths project Tanbreez. 

  • April 28, 2026

    EU Flags Concerns Over Paper Joint Venture

    European enforcers launched an in-depth investigation Tuesday into a planned joint venture between paper manufacturers UPM and Sappi over concerns about the market for magazine paper and several other products.

  • April 28, 2026

    Ex-Exec, Korean Chip Co. Clash Over $2.36M Buyback

    A Korean semiconductor company specializing in memory chips clashed with a former executive in Delaware Chancery Court on Tuesday over whether a $2.36 million stock buyback stripped him of the right to sue before he filed a records request action.

  • April 28, 2026

    Paul Hastings, Gibson Dunn Steer $739M Ligand-Xoma Deal

    Ligand Pharmaceuticals said it plans to purchase XOMA Royalty in a $739 million deal combining the two biotechnology royalty aggregator companies advised by Gibson Dunn & Crutcher LLP and Paul Hastings LLP.

  • April 28, 2026

    Walgreens Can't Use Recording To Undo Investor Claim In Ill.

    An Illinois federal judge has said she won't toss a claim brought by shareholders alleging a former Walgreens president made a false and misleading statement during an investor conference, rejecting the company's argument that an audio recording of that conference warranted a second look at her dismissal ruling.

  • April 28, 2026

    Paramount Seeks FCC OK For Foreign Stakes In WBD Deal

    Paramount has asked for the Federal Communications Commission's blessing for its $110 billion purchase of Warner Bros. Discovery to be completely foreign-owned, even if it only expects actual foreign ownership to come in at just under 50%.

  • April 28, 2026

    Eli Lilly Inks $2.25B AI Genetics Research Pact With Profluent

    AI-focused biotech Profluent said Tuesday it has entered a multiprogram, strategic research collaboration with Eli Lilly and Co. to treat diseases with high unmet need, in a deal that involves an upfront payment and up to $2.25 billion in additional milestone payments. 

  • April 28, 2026

    BMG To Pay Concord PE Owner $1.16B In Music Biz Merger

    BMG said Tuesday it will combine with fellow independent music company Concord in a deal that includes a $1.16 billion payment to Concord's private equity owners, with four law firms advising.

  • April 28, 2026

    $20M Hair Business Sale Dispute Hits Chancery Court

    A medical aesthetics technology company has sued a Korean buyer in the Delaware Chancery Court, accusing it of backing out of a $20 million deal to purchase a hair restoration business after attempting to slash the price at the last minute.

  • April 27, 2026

    GCI Buys Alaskan Fiber Provider For $310M

    One of Alaska's fiber infrastructure providers is coming under new management after GCI Holdings LLC revealed it has entered into a deal worth some $310 million to acquire telecommunications service provider Quintillion.

  • April 27, 2026

    Battery Co. Hit With Investor Action Over 'Phantom Deals'

    Investors in a company that develops artificial intelligence-enhanced rechargeable batteries filed suit on Monday, claiming the company made misleading statements about its partnerships with other companies and its growth prospects, seeking damages for falling stock prices after the truth came to light.

  • April 27, 2026

    Altria, Juul Can Appeal Class Cert. Decision In Antitrust Suit

    The Ninth Circuit on Monday granted Altria and Juul's request to appeal a ruling certifying several classes of e-cigarette buyers in an antitrust case alleging the companies schemed to have Altria exit the e-cigarette market.

  • April 27, 2026

    United CEO Touts Merger Benefits Despite American Rebuff

    United Airlines' chief executive pressed the merits of a mega airline merger Monday, while also confirming recent reports that he had approached American Airlines about exploring a potential combination, and that American shut the door on any such talks.

Expert Analysis

  • Series

    Volunteering With Scouts Makes Me A Better Lawyer

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    Serving as an assistant scoutmaster for my son’s troop reaffirmed several skills and principles crucial to lawyering — from the importance of disconnecting to the value of morality, says Michael Warren at McManis Faulkner.

  • Series

    Law School's Missed Lessons: In Court, It's About Storytelling

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    Law school provides doctrine, cases and hypotheticals, but when lawyers step into the courtroom, they must learn the importance of clarity, credibility, memorability and preparation — in other words, how to tell simple, effective stories, say Nicholas Steverson and Danielle Trujillo at Wheeler Trigg, and Lisa DeCaro at Courtroom Performance.

  • How Recent Del. Rulings Clarify M&A Deal Fraud Carveouts

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    Two recent Delaware decisions have provided clarity regarding when a party can or cannot rely on representations made during the course of an M&A transaction, particularly on the scope and enforceability of antireliance provisions, and on representations they knew or should have known were false, says Anthony Boccamazzo at Olshan Frome.

  • Aligning Microsoft Tools With NYC Bar AI Recording Guidance

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    The New York City Bar Association’s recently issued formal opinion, providing ethical guidance on artificial intelligence-assisted recording, transcription and summarization, raises immediate questions about data governance and e-discovery for companies that use Microsoft 365 and Copilot, say Staci Kaliner, Martin Tully and John Collins at Redgrave.

  • FTC Focus: Antitrust Spotlight On 'Acqui-Hires,' Noncompetes

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    A recent Federal Trade Commission focus on labor issues, like 'acqui-hire' deals, in which only a company's workforce is acquired, and noncompetes, shows that the agency is scrutinizing these issues on a case-by-case basis, necessitating a meaningful look at these transactions, particularly in the technology and artificial intelligence industries, say attorneys at Proskauer.

  • A Single DOJ Corporate Enforcement Policy Raises Questions

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    The U.S. Department of Justice's soon-to-be-released uniform corporate criminal enforcement policy could address the challenges raised by the current decentralized approach, but it will need to answer a number of potential questions amid scant details, say attorneys at Pillsbury.

  • 5 Different AI Systems Raise Distinct Privilege Issues

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    A New York federal court’s recent U.S. v. Heppner decision, holding that a defendant’s use of Claude was not privileged, only addressed one narrow artificial intelligence system, but lawyers must recognize that the spectrum of AI tools raises different confidentiality and privilege questions, says Heidi Nadel at HP.

  • After Learning Resources: A Practical Guide For US Importers

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    Following the U.S. Supreme Court's Feb. 20 decision in Learning Resources v. Trump, U.S. importers and consumers on whom tariffs were imposed under the International Emergency Economic Powers Act can seek relief through existing administrative procedures or a yet-to-be-determined bespoke refund mechanism, and should plan for more changes in the tariff landscape, say attorneys at Baker Botts.

  • Opinion

    AI-Assisted Arbitration Needs Safeguards To Ensure Fairness

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    As tribunals and arbitral institutions increasingly use artificial intelligence tools in their decision-making processes, ​​​​​​​clear disclosure standards and procedural safeguards are necessary to ensure that efficiency gains do not erode the fairness principles on which arbitration depends, says Alexander Lima at Wesco International.

  • Paramount-WBD Deal Would Widen Net For Antitrust Scrutiny

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    The fresh likelihood of a merger between Paramount and Warner Bros. Discovery raises the prospect of added intervention from the U.S. Department of Justice due to the companies' overlaps in key markets, and may signal expanded DOJ scrutiny of potential anticompetitive effects on supply chains, says Shubha Ghosh at the Syracuse University College of Law.

  • Planning For M&A Complexity After New State 'Mini-HSR' Laws

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    After the recent enactment of California's mini-HSR law, and with Indiana poised to pass its own, requiring the submission of Hart-Scott-Rodino premerger notifications to state attorneys general, practitioners should expand their deal planning to include state-by-state reportability as more states adopt similar mandatory merger-notification requirements, say attorneys at McDermott.

  • Series

    Playing Piano Makes Me A Better Lawyer

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    Playing piano and practicing law share many parallels relating to managing complexity: Just as hearing an entire musical passage in my head allows me to reliably deliver the message, thinking about the audience's impression helps me create a legal narrative that keeps the reader engaged, says Michael Shepherd at Fish & Richardson.

  • Considering The Prospects Of A Robinson-Patman Act Revival

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    Following a flurry of activity under the Biden administration, Federal Trade Commission price-discrimination cases under the Robinson-Patman Act are at a crossroads, and state-level enforcement could become the next frontier in this area, say attorneys at Hogan Lovells.

  • New Foreign Bribery Guide Can Help Int'l Cos. Identify Risks

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    In light of growing global coordination on anti-bribery enforcement, the International Foreign Bribery Taskforce’s recent guide to foreign bribery indicators represents a step forward in the standardization of factors for evaluating corruption risks that multinational companies should consider, say lawyers at Paul Weiss.

  • AI-Generated Doc Ruling Guides Attys On Privilege Risks

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    A New York federal court's ruling, in U.S. v. Heppner, that documents created by a defendant using an artificial intelligence tool were not privileged, can serve as a guide to attorneys for retaining attorney-client or work-product privilege over client documents created with AI, say attorneys at Sher Tremonte.

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