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Mergers & Acquisitions

  • June 10, 2025

    EU Says OK To $3.1B Intelsat-SES Merger

    Satellite titan SES SA's $3.1 billion plan to buy rival satellite operator Intelsat Holdings has won the approval of the European Commission, which has waved the merger through with no conditions.

  • June 10, 2025

    Healthcare, Tech-Focused SPAC Prices $220M IPO

    Special purpose acquisition company Blue Water Acquisition Corp. III began trading on the Nasdaq on Tuesday after pricing its $220 million initial public offering.

  • June 10, 2025

    Match.com Settles Reverse Spinoff Suit For $30M In Del.

    A mediator-recommended, $30 million settlement proposal has tentatively ended a five-year Delaware Court of Chancery stockholder challenge to the fairness of Match.com's 2019 reverse spinoff from the Barry Diller-controlled IAC/Interactive.

  • June 10, 2025

    Most M&A Dealmakers Are Targeting AI Acquisitions

    Corporate and private equity dealmakers are rapidly integrating artificial intelligence into their mergers and acquisitions strategies, with 51% having acquired an AI business and 46% planning to do so soon, according to a new Norton Rose Fulbright report.

  • June 10, 2025

    Cloud Biz SoftwareOne To Close $1.4B Buy Of IT Consultancy

    SoftwareOne said Tuesday that it has fulfilled all the closing conditions of its voluntary takeover of Crayon Group, as the Swiss cloud technology company nears completion of the deal worth an estimated $1.4 billion.

  • June 10, 2025

    Davis Wright Guides Bluespring Deal Creating $1.4B Firm

    Bluespring Wealth Partners, advised by Davis Wright Tremaine LLP, announced Tuesday it will buy a Texas-based wealth management firm affiliated with Kestra Financial and then merge it into its existing wealth management platform, LifeBridge Financial Group, establishing an investment advisory firm with $1.4 billion in assets under management.

  • June 10, 2025

    Catching Up With Delaware's Chancery Court

    Delaware's Court of Chancery showed new resistance to suits alleging corporate weaponizing of advance notice bylaws, and a new report highlighted the high fees that attorneys are cashing in on in Delaware courts compared to the federal court system. Several new suits were also filed concerning allegedly under- or overvalued sales and acquisitions being pushed through.

  • June 10, 2025

    Skadden Guiding Brown & Brown On $9.8B Accession Buy

    Skadden Arps Slate Meagher & Flom LLP is advising Brown & Brown Inc. on a nearly $10 billion agreement to purchase Accession Risk Management Group Inc., the companies disclosed in a joint statement Tuesday. 

  • June 10, 2025

    Advent To Buy Stake In Ireland's Felix Pharma For $175M

    U.S. private equity shop Advent said that it plans to buy a minority stake in Irish pet medicines business Felix Pharmaceuticals for $175 million, to capitalize on growing demand for generic drugs in the animal health sector.

  • June 09, 2025

    Bedoya Exits FTC, But Keeps Up Legal Fight Against Trump

    Alvaro M. Bedoya, one of two Democratic Federal Trade Commission members fired by President Donald Trump, gave notice Monday of his formal resignation in order to pursue other work, but emphasized that he is not dropping his lawsuit against the president.

  • June 09, 2025

    Disney Will Pay An Added $438.7M For NBC's Hulu Stake

    The Walt Disney Co. said Monday that it will pay an additional $438.7 million to purchase NBCUniversal's 33% stake in the streaming platform Hulu, a payment that's on top of the $8.6 billion Disney already paid NBCUniversal in 2023.

  • June 09, 2025

    Del. Justices Reverse Chancery On Insider Trade Claims

    Citing lower court errors, Delaware's Supreme Court revived on Monday two counts in a Court of Chancery suit alleging that Kraft Heinz Co. insiders with ties to a Brazilian controlling investor sold $1.2 billion worth of shares based on nonpublic information.

  • June 09, 2025

    DOJ's KKR Suit Turning M&A 'Into A Trap,' PE Group Says

    A private equity trade group is seeking to back KKR's bid to dismiss a Justice Department lawsuit seeking fines that could top $650 million for allegedly hiding key documentation and entire transactions from merger notification, arguing that enforcers are trying to create a brand new requirement for "perfect" filings.

  • June 09, 2025

    Bitcoin Platform Parataxis Eyes Public Listing Via SPAC Deal

    Bitcoin-focused investment startup Parataxis Holdings LLC plans to go public through a merger with special purpose acquisition company SilverBox Corp IV, both parties announced Monday, marking the latest crypto-related foray into public markets.

  • June 09, 2025

    Panini Wants Renewed Claims From Fanatics Tossed

    Trading card company Panini told a New York federal court Fanatics Inc. is trying to distract from allegations it monopolized the sports trading card market by rehashing previously rejected claims that Panini interfered with licensing negotiations.

  • June 09, 2025

    Warner Bros To Split Up Streaming, Networks Businesses

    Television and film giant Warner Bros. Discovery, advised by Kirkland & Ellis LLP, on Monday unveiled plans to split into two separately traded public companies, allowing its Streaming & Studios and Global Networks companies to take advantage of their specific strengths and financial profiles.

  • June 09, 2025

    Disney Settles Antitrust Suit Over ESPN Streaming Fees

    Disney has settled a sprawling antitrust lawsuit with consumers over the fees in its ESPN livestreaming carriage agreements.

  • June 09, 2025

    Vice Chancellor Wants Clarity On Del. Corporate Law Change

    Citing "an important and urgent" need, a Delaware vice chancellor has asked the state supreme court to rule on the constitutionality of recent corporate law amendments providing conflicted directors or controlling investors expanded "safe harbor" liability shields for contested actions.

  • June 09, 2025

    Legal, Compliance Heads Named In Mallinckrodt-Endo Merger

    Ahead of finalizing their $6.7 billion merger, Ireland's Mallinckrodt PLC and Pennsylvania-based Endo Inc. announced that Mallinckrodt's current chief legal officer and Endo's chief compliance officer will be a part of the executive team that will drive the formation of what the companies said will be a global pharmaceutical industry leader.

  • June 09, 2025

    Eco-Friendly Packing Firm Broadway Signs SPAC Merger

    Packaging company Broadway Technology Inc. has announced plans to go public via a merger with special purpose acquisition company Quartzsea Acquisition Corp. in a deal that was built by six law firms and will result in a combined company that trades on the Nasdaq.

  • June 09, 2025

    Simpson Thacher Mourns Chair, Pioneering Dealmaker Beattie

    Richard "Dick" Beattie, the senior chairman of Simpson Thacher & Bartlett LLP whose pioneering deal work helped cement private equity's place in mergers and acquisitions, died on Friday at 86, the firm announced.

  • June 09, 2025

    Precision Tools Co. Spectris To Back £3.7B Advent PE Bid

    Spectris, a British manufacturer of high-tech instruments, said Monday that it would probably back a proposed £3.7 billion ($5 billion) takeover offer from U.S. private equity company Advent International Corp., a deal in which the company would withdraw its listing from the London Stock Exchange.

  • June 09, 2025

    Solar Mosaic Files Ch. 11 As Congress Plans Tax Credit Cuts

    Home solar panel financing company Solar Mosaic has filed for Chapter 11 protection in a Texas bankruptcy court with more than $264 million in debt and sale plans, saying it is facing a contracting solar energy market and uncertainty over the future of federal solar panel tax credits.

  • June 09, 2025

    Crane Co. Nabs Baker Hughes' PSI Biz In $1.15B Deal

    Industrial manufacturing and technology company Crane Co., led by K&L Gates LLP, announced plans Monday to acquire Precision Sensors & Instrumentation from energy technology company Baker Hughes, advised by Baker McKenzie, for roughly $1.15 billion in cash.

  • June 09, 2025

    A&O Shearman-Led L'Oréal To Buy Majority Stake In Medik8

    L'Oréal SA said Monday that it has agreed to acquire a majority stake in British premium skincare brand Medik8 from European private equity firm Inflexion as the cosmetics giant seeks to expand its top-end brand Luxe.

Expert Analysis

  • Mergers Face Steeper Slopes In State Antitrust Reviews

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    The New York Supreme Court's recent summary judgment in New York v. Intermountain Management, blocking the acquisition and shuttering of a ski mountain in the Syracuse area, underscores the growing trend among state antitrust enforcers to scrutinize and challenge anticompetitive conduct under state laws, say attorneys at Robins Kaplan.

  • Opinion

    Proposals Against Phillips 66 Threaten Corporate Law

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    Activist investor Elliott Investment Management's latest attempted tactic — initiating a high-stakes proxy contest against Phillips 66 — goes too far and would cause the company to both violate Delaware law and avoid the legal exception to the shareholder proposal process, says J.W. Verret at George Mason University.

  • Strategies To Limit Inherent Damage Of Multidefendant Trials

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    As shown by the recent fraud convictions of two executives at the now-shuttered education startup Frank, multidefendant criminal trials pose unique obstacles, but with some planning, defense counsel can mitigate the harm and maximize the chances of a good outcome, says Kenneth Notter at MoloLamken.

  • Series

    Playing Guitar Makes Me A Better Lawyer

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    Being a lawyer not only requires logic and hard work, but also belief, emotion, situational awareness and lots of natural energy — playing guitar enhances all of these qualities, increasing my capacity to do my best work, says Kosta Stojilkovic at Wilkinson Stekloff.

  • Crisis Management Lessons From The Parenting Playbook

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    The parenting skills we use to help our kids through challenges — like rehearsing for stressful situations, modeling confidence and taking time to reset our emotions — can also teach us the fundamentals of leading clients through a corporate crisis, say Deborah Solmor at the Wisconsin Alumni Research Foundation and Cara Peterman at Alston & Bird.

  • Series

    Adapting To Private Practice: From NY Fed To BigLaw

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    While the move to private practice brings a learning curve, it also brings chances to learn new skills and grow your network, requiring a clear understanding of how your skills can complement and contribute to a firm's existing practice, and where you can add new value, says Meghann Donahue at Covington.

  • Top 3 Litigation Finance Deal-Killers, And How To Avoid Them

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    Like all transactions, litigation finance deals can sometimes collapse, but understanding the most common reasons for failure, including a lack of trust or a misunderstanding of deal terms, can help both parties avoid problems, say Rebecca Berrebi at Avenue 33 and Boris Ziser at Schulte Roth.

  • How Attys Can Use A Therapy Model To Help Triggered Clients

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    Attorneys can lean on key principles from a psychotherapeutic paradigm known as the "Internal Family Systems" model to help manage triggered clients and get settlement negotiations back on track, says Jennifer Gibbs at Zelle.

  • 3 Steps For In-House Counsel To Assess Litigation Claims

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    Before a potential economic downturn, in-house attorneys should investigate whether their company is sitting on hidden litigation claims that could unlock large recoveries to help the business withstand tough times, says Will Burgess at Hilgers Graben.

  • Series

    Teaching College Students Makes Me A Better Lawyer

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    Serving as an adjunct college professor has taught me the importance of building rapport, communicating effectively, and persuading individuals to critically analyze the difference between what they think and what they know — principles that have helped to improve my practice of law, says Sheria Clarke at Nelson Mullins.

  • Series

    Adapting To Private Practice: From DOJ Enviro To Mid-Law

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    Practitioners leaving a longtime government role for private practice — as when I departed the U.S. Department of Justice’s environmental enforcement division — should prioritize finding a firm that shares their principles, values their experience and will invest in their transition, says John Cruden at Beveridge & Diamond.

  • Legal Ethics Considerations For Law Firm Pro Bono Deals

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    If a law firm enters into a pro bono deal with the Trump administration in exchange for avoiding or removing an executive order, it has an ethical obligation to create a written settlement agreement with specific terms, which would mitigate some potential conflict of interest problems, says Andrew Altschul at Buchanan Angeli.

  • Del. Dispatch: Open Issues After Corp. Law Amendments

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    Recent amendments to the Delaware General Corporation Law represent a significant change in the future structuring of boards and how the First State will approach conflicted transactions, but Delaware courts may interpret the amendments narrowly, limiting their impact, say attorneys at Fried Frank.

  • Series

    Playing Football Made Me A Better Lawyer

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    While my football career ended over 15 years ago, the lessons the sport taught me about grit, accountability and resilience have stayed with me and will continue to help me succeed as an attorney, says Bert McBride at Trenam.

  • What Del. Supreme Court LKQ Decision Means For M&A Deals

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    The Delaware Supreme Court's recent decision in LKQ v. Rutledge greatly increases the enforceability of forfeiture-for-competition provisions, representing an important affirmation of earlier precedent and making it likely that such agreements will become more common in M&A transactions, say attorneys at Mayer Brown.

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