Mergers & Acquisitions

  • July 22, 2026

    Nexstar Execs On Tegna Board Violates Injunction, Judge Told

    DirecTV and a coalition of states told a California federal court on Wednesday that Nexstar Media Group has taken over Tegna's board of directors, despite a preliminary injunction preventing the broadcasting companies from fully integrating.

  • July 22, 2026

    Spirit Can Sell NYC Gate Slots To JetBlue For $58.5M In Ch. 11

    A New York bankruptcy judge Wednesday approved the sale of 22 gate slots at LaGuardia Airport to JetBlue for $58.5 million following a 14-hour auction as defunct Spirit Airlines liquidates in Chapter 11.

  • July 22, 2026

    Altria, Juul Ask 9th Circ. To Nix Antitrust Classes

    Altria and Juul are urging the Ninth Circuit to undo a class certification ruling in an antitrust case over Altria's past investment in the e-cigarette maker, saying the classes include disparate groups of purchasers from across the country.

  • July 22, 2026

    States Say Nielsen Ruling Backs Claims In Live Nation Suit

    A recent Second Circuit ruling in a data-tying case was invoked Wednesday to support a motion by more than a dozen state attorneys general opposing Live Nation's attempt to overturn a federal jury verdict against the company.

  • July 22, 2026

    Toronto Sports Set For Shakeup As Owner Plans Partial Sale

    The Canadian media giant overseeing nearly all of Toronto's major sports teams and facilities unveiled a plan to sell off minority shares of those franchises Wednesday, in keeping with a dramatic reshuffling of the company's assets.

  • July 22, 2026

    Goodwin, K&L Gates Steer $1.5B Repligen Gene Therapy Deal

    Repligen said Wednesday it will acquire BioLife Solutions in a cash-and-stock transaction valued at about $1.5 billion, expanding its presence in the fast-growing cell and gene therapy market, with Goodwin Procter LLP advising Repligen and K&L Gates LLP representing BioLife.

  • July 22, 2026

    5 Firms Steer Novagold, Paulson On $4.2B Donlin Gold Deal

    Novagold Resources Inc. and Paulson Advisers have agreed to a deal that will give Novagold full ownership of Donlin Gold LLC, the owner of Alaska's Donlin Gold project, and create a new parent company with an expected $4.2 billion equity value, with five law firms advising the companies.

  • July 22, 2026

    Cars.com Sabotaged $88M Earnout, Chancery Suit Says

    Cars.com is facing a lawsuit in Delaware Chancery Court accusing the online marketplace of deliberately undermining the growth of automotive wholesale auction platform DealerClub after acquiring it in a deal that left most of the purchase price contingent on future performance.

  • July 22, 2026

    Latham, Hughes Hubbard Lead Nth Cycle's $585M SPAC Deal

    Critical mineral refiner Nth Cycle Inc., led by Latham & Watkins LLP, on Wednesday revealed plans to go public by merging with Hughes Hubbard & Reed LLP-led special purpose acquisition company Kensington Capital Acquisition Corp. VI in a $585 million deal.

  • July 22, 2026

    Paul Hastings, Sidley Guide Data-Center Co.'s $4B SPAC Deal

    Artificial intelligence infrastructure company TECfusions reached a $4 billion valuation in a Wednesday deal guided by Sidley Austin LLP and Paul Hastings LLP to go public using a blank check company.

  • July 21, 2026

    Trump Nominates FCC's Top Atty For DOJ Antitrust Chief

    President Donald Trump on Tuesday officially nominated the Federal Communications Commission's general counsel to serve as the top antitrust official in the U.S. Department of Justice.

  • July 21, 2026

    Thermo Fisher Says TRO Needed To Protect $8.9B Deal

    A Delaware Chancery Court judge said Tuesday he is still weighing whether to temporarily block a former Thermo Fisher Scientific Inc. executive from joining Fortrea Holdings Inc., signaling that the dispute turns on difficult questions about the scope of restrictive covenants while cautioning the parties not to assume how he will rule.

  • July 21, 2026

    Tribes, Groups Back Iowa In Kalshi Sports Market Challenge

    Forty-one Indigenous groups, nations and the American Gaming Association are backing Iowa regulators in a challenge to stop the state from taking enforcement action against Kalshi's sports-events contracts, arguing that the prediction market "masks its wagers as derivatives contracts governed by the Commodity Exchange Act and Commodity Futures Trading Commission."

  • July 21, 2026

    Norway's Var Energi To Combine With BlueNord In $1.3B Deal

    Norway's Var Energi said Tuesday that it has agreed to acquire BlueNord in a deal valuing the Danish-focused oil and gas producer at about 12.8 billion Norwegian crowns ($1.3 billion), creating what Var said will be Europe's largest independent oil and gas producer.

  • July 21, 2026

    A&O Shearman Hires Davis Polk Restructuring Pro In NY

    Allen Overy Shearman Sterling has hired a former Davis Polk & Wardwell LLP counsel as a restructuring partner in New York.

  • July 21, 2026

    Sidley-Led Utz To Go Private In $2.9B Sale To Intersnack

    U.S. snack food maker Utz Brands said Tuesday it has agreed to be taken private by Germany's Intersnack Group in a deal valued at about $2.9 billion, giving the European snack company its first major foothold in the U.S. market.

  • July 21, 2026

    Mavis Buying Pep Boys From Icahn In $700M Deal

    Mavis Tire Express Services Corp. will acquire The Pep Boys-Manny, Moe & Jack Holding Corp. from Icahn Automotive Group for approximately $700 million in cash, the companies announced Tuesday.

  • July 21, 2026

    Weil-Led Outsourcer OCS Agrees To Take Over Mitie For £3.1B

    Outsourcing giant OCS said Tuesday it has agreed to acquire U.K. rival Mitie Group PLC in an all-cash deal valuing the company's equity at £3.1 billion ($4.1 billion).

  • July 20, 2026

    Auto Parts Co., Investors Ink $12.8M Deal In Merger Suit

    Automotive equipment manufacturer Holley has reached a $12.8 million settlement with investors who accused it of concealing declining business trends following a 2021 merger with a special purpose acquisition company.

  • July 20, 2026

    7th Circ. Backs Printing Co. In $265M ESOP Sale Fight

    The Seventh Circuit won't revive a lawsuit claiming a printing company's directors and employee stock ownership plan trustee illegally undersold the business into private equity for $265 million, saying a lower court made no clear errors in throwing out the case.

  • July 20, 2026

    Trump Media Settles Claims With Ex-SPAC CEO In Fla. Suit

    The corporation that operates President Donald Trump's Truth Social website agreed to dismiss its lawsuit against the former CEO of a special purpose acquisition company over a botched public offering following a settlement between the parties in Florida state court. 

  • July 20, 2026

    Latham, Cooley Steer $1.5B Tempus Cancer Testing Deal

    Chicago-based Tempus AI said Monday it has agreed to acquire cancer diagnostics company Personalis in a deal with an enterprise value of about $1.5 billion, with Latham & Watkins LLP and Cooley LLP advising, respectively.

  • July 20, 2026

    Kirkland, Troutman Guide $4B Magnolia Oil, WildFire Deal

    Houston-based Magnolia Oil & Gas Corp. said Monday it has agreed to acquire WildFire Energy for approximately $4.06 billion, including debt, in a deal steered by Kirkland & Ellis LLP and Troutman Pepper Locke LLP, respectively.

  • July 20, 2026

    Catching Up With Delaware's Chancery Court

    The Delaware Chancery Court last week tackled disputes involving intellectual property, corporate control, fiduciary duties, artificial intelligence, trust administration and cryptocurrency litigation.

  • July 20, 2026

    Microchip Co. Will Pay $13M To End Merger Severance Fight

    A microchip-maker will pay more than $13 million to settle a long-running class action alleging it illegally shut down a severance program following a 2016 merger, according to terms of the proposed deal filed in California federal court.

Expert Analysis

  • E-Discovery Quarterly: Recent Rulings On ESI Control

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    Several recent federal court decisions have perpetuated a split over what constitutes “control” of electronically stored information — with judges divided on whether the standard should turn on a party's legal right or practical ability to obtain the information, say attorneys at Sidley.

  • The Challenge Of Stabilizing Rural Hospitals On The Brink

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    The outlook for rural hospitals has grown more concerning, as recent policy and regulatory developments are decreasing hospital revenues and increasing the cost of uncompensated care, which may result in additional hospital closures, service reductions, or mergers and acquisitions, say Omur Celmanbet, Kristy Piccinini and Sabiha Quddus at FTI Consulting.

  • Del. Ruling Shows Power Of Postclose Governance Provisions

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    After the Delaware Court of Chancery reinstated a target company's CEO as part of the equitable remedy in Fortis Advisors v. Krafton, deal parties should emphasize the importance of postclosing governance provisions to earnout economics, knowing that they will have to live with these provisions for the duration of the earnout period, say attorneys at Sidley.

  • Employer Considerations After FTC's Noncompete Warning

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    In light of Federal Trade Commission leadership's recent message that the agency remains committed to challenging noncompetes that operate as restraints of trade, employers should take several practical steps in order to reduce regulatory risk, including auditing existing agreements and narrowing restrictions, says Christopher Pickett at UB Greensfelder.

  • 2 Discovery Rulings Break With Heppner On AI Privilege Issue

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    While a New York federal court’s recent ruling in U.S. v. Heppner suggests that some litigants’ communications with AI tools are discoverable, two other recent federal court decisions demonstrate that such interactions generally qualify for work-product protection under the Federal Rules of Civil Procedure, says Joshua Dunn at Brown Rudnick.

  • Series

    Isshin-Ryu Karate Makes Me A Better Lawyer

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    My involvement in martial arts, specifically Isshin-ryu, which has principles rooted in the eight codes of karate, has been one of the most foundational in the development of my personality, and particularly my approach to challenges — including in my practice of law, says Kaitlyn Stone at Barnes & Thornburg.

  • Opinion

    State Bars Need To Get Specific About AI Confidentiality

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    Lawyers need to put actual client information into artificial intelligence tools to get their full value, but they cannot confidently do so until state bars offer clear, formal authority on which plan tiers of the three most popular generative AI tools are safe to use when sharing specific client details, says attorney Nick Berk.

  • Series

    Alpine Skiing Makes Me A Better Lawyer

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    Skiing has shaped habits I rely on daily as an attorney — focus, resilience and the ability to remain steady when circumstances shift rapidly — and influences the way I approach legal strategy, client counseling and teamwork, says Isaku Begert at Marshall Gerstein.

  • Senior Housing Demands A Distinct Dealmaking Playbook

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    An aging population and evolving state regulations underscore a critical reality that senior housing assets can undergo operational or compliance shifts during dealmaking, highlighting the need for unique contractual safeguards like expanded disclosures, anchored notice obligations, and targeted closing conditions and remedies, say attorneys at Goodwin.

  • Seeking A Policy Fix As Merger Reporting Fight Continues

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    A recently announced request by the Federal Trade Commission and U.S. Department of Justice for public comment on the Hart-Scott-Rodino premerger reporting requirements, as litigation challenging the commission's updated requirements continues, suggests the government's willingness to address how best to support modern merger enforcement without unduly burdening filing parties, say attorneys at Baker Botts.

  • 2 Rulings Poke Holes In Mandatory Restitution Framework

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    The U.S. Supreme Court’s recent ruling in Ellingburg v. U.S., as well as the Third Circuit’s recent ruling in U.S. v. Abrams, provide criminal defense practitioners with new tools to challenge Mandatory Victims Restitution Act orders, and highlight several restitution-related issues that converged in the recent prosecution of former Frank CEO Charlie Javice, say attorneys at Lankler Siffert & Wohl.

  • What A Court Doc Audit Reveals About Erroneous Filings

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    My audit of 1,522 court documents from last month found that over 95% contained at least one verifiable error, with fewer than 1% showing clear indicators of artificial intelligence use — highlighting above all else that lawyers may want to focus most on strengthening their review processes, says Elliott Ash at ETH Zurich.

  • FTC Focus: Growing Emphasis On Competition In AI

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    The Federal Trade Commission's leadership has continued to highlight that competitive risks in artificial intelligence markets may arise at multiple levels simultaneously, considering not only who controls the resources necessary to build AI systems, but also how those systems function and yield outputs, say attorneys at Proskauer.

  • Series

    Ultramarathons Make Me A Better Lawyer

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    Completing a 100-mile ultramarathon was tougher, more humbling and more rewarding than I ever imagined, and the experience highlighted how long-distance running has sharpened my ability to adapt to the evolving nature of antitrust law and strengthened my resolve to handle demanding, unforeseen challenges, says Dan Oakes at Axinn.

  • Key Takeaways From The 2026 ABA Antitrust Spring Meeting

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    Last week's American Bar Association Spring Meeting revealed an antitrust landscape defined by heightened friction and tension — between federal and state enforcers, domestic and international regimes, competing political visions, and traditional enforcement tools and novel challenges, say attorneys at Skadden.

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