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Mergers & Acquisitions

  • October 28, 2025

    Banijay To Acquire German Gambling Rival Tipico From CVC

    French entertainment company Banijay Group NV said Tuesday that it has agreed to acquire an unspecified majority stake in German gambling company Tipico from private equity firm CVC Capital Partners to combine the two gaming companies into an online gambling powerhouse.

  • October 28, 2025

    Kirkland-Led Vista Buys Software Biz Nexthink In $3B Deal

    Vista Equity Partners LLC said Tuesday that it will acquire a majority stake in Nexthink from existing shareholders including British investment firm Permira in a deal that values the Swiss software business at $3 billion.

  • October 28, 2025

    Cleary Helps Barclays' $800M Deal To Buy US Loan Originator

    Barclays PLC said Tuesday that it plans to acquire U.S. personal loan originator Best Egg Inc. for $800 million to help boost its customer lending business in America.

  • October 27, 2025

    Defunct Biz Asks 3rd Circ. To Revive $100M Caterpillar Win

    A defunct equipment importer asked the Third Circuit on Sunday to revive its $100 million contract interference damages award against Caterpillar and give it another shot at antitrust allegations accusing the company of orchestrating a boycott, arguing the district court botched key parts of the jury trial.

  • October 27, 2025

    Dems Say $6.2B Nexstar-Tegna Deal Breaches Ownership Cap

    Nexstar's $6.2 billion plan to merge with rival broadcast company Tegna will create a behemoth that will breach the FCC's national ownership cap that limits how many stations any one company can own in a given market, say two federal lawmakers from Colorado.

  • October 27, 2025

    Delta, Aeromexico Ask 11th Circ. To Halt Feds' JV Split Order

    Delta Air Lines and Aeromexico have asked the Eleventh Circuit to freeze a Trump administration order directing them to scuttle their joint venture by Jan. 1, saying their legal challenge should first run its course and that unwinding their complex networks would be "tremendously burdensome."

  • October 27, 2025

    Chinese E-Commerce Giant Can't Block Class Arbitration

    Chinese e-commerce giant Dangdang must face class arbitration of claims that it grossly shortchanged minority shareholders when it went private in 2016, after a judge in New York ruled that the tribunal did not exceed its power despite the underlying arbitration clause not mentioning class arbitration.

  • October 27, 2025

    Skadden, Gibson Dunn Steer $40B Public Water Utility Merger

    American Water Works Co. and Essential Utilities said Monday that they have agreed to an all-stock merger that will unite the two major regulated water and wastewater providers into a $40 billion public utility. 

  • October 27, 2025

    Chancery Mulls Shorter Fuse For Some Court Of Equity Suits

    A Delaware jurist questioned Monday some applications of the Court of Chancery's "laches" counterpart to regular, statutory courts' three-year deadline for bringing claims, saying during arguments on dismissal of a special purpose acquisition company suit that claims in equity "may well" get less time to file.

  • October 27, 2025

    KKR, Apollo Plug $7B Into Beverage Biz Keurig Dr Pepper

    Beverage giant Keurig Dr Pepper on Monday revealed it has secured additional strategic investments for a planned $18.4 billion acquisition of JDE Peet's, with private equity giants KKR, advised by Kirkland & Ellis LLP, and Apollo Global Management, led by Latham & Watkins LLP, plugging $7 billion into the drink company.

  • October 27, 2025

    Holland & Knight's CFIUS Team Leader Jumps To Weil

    The leader of Holland & Knight LLP's Committee on Foreign Investment in the United States and industrial security team has made the move to Weil Gotshal & Manges LLP in Washington, D.C., the firm announced Monday.

  • October 27, 2025

    Trian, General Catalyst Make $7.2B Play For Janus Henderson

    Janus Henderson Group said Monday it has received a $7.2 billion buyout offer from Trian Fund Management LP and General Catalyst Group Management LLC, which say the British asset management firm could more effectively achieve its goals as a private company.

  • October 27, 2025

    Catching Up With Delaware's Chancery Court

    The Delaware Chancery Court and Delaware Supreme Court saw another busy week of disputes spanning biotech milestones, reincorporation showdowns, shareholder voting schemes and cryptocurrency fiduciary rights.

  • October 27, 2025

    Compass Pushes For Redfin Docs In Zillow Antitrust Fight

    Compass Inc. has urged a New York federal court presiding over the brokerage's antitrust suit against property listings company Zillow Inc. to order another property listings company, Redfin Corp., to provide copies of drafts of blog posts written by Redfin's CEO as well as a copy of an allegedly anticompetitive Zillow-Redfin rental agreement.

  • October 27, 2025

    Top FTC Atty In Meta And Amazon Cases Joins WilmerHale

    A former chief trial counsel at the Federal Trade Commission's Bureau of Competition, who was one of the lead attorneys on the agency's landmark monopolization cases against Amazon and Meta, has joined WilmerHale's Washington, D.C. office, the firm announced Monday.

  • October 27, 2025

    Paul Weiss, K&L Gates Lead $660M Albemarle, Ketjen Deals

    K&L Gates LLP-advised Albemarle Corp. on Monday announced that it has agreed to sell a majority stake in Ketjen Corp.'s refining catalyst solutions business to Paul Weiss Rifkind Wharton & Garrison LLP-led private equity shop KPS Capital Partners, and separately announced it will sell a 50% interest in a joint venture with Ketjen to Axens SA in two deals that will provide the company with pre-tax proceeds of around $660 million.

  • October 27, 2025

    Schroders Portfolio Biz Agrees Sale To Data Co. For $1.7B

    Schroders Capital Global Innovation Trust PLC said Monday that its portfolio company, Securiti AI, has signed an agreement to be acquired by private equity-backed business Veeam Software for approximately $1.7 billion.

  • October 27, 2025

    Wachtell-Led Huntington Strikes $7.4B Deal For Cadence Bank

    Huntington Bancshares Inc. said Monday it has agreed to acquire Cadence Bank for $7.4 billion in one of the top banking sector deals of 2025, with Wachtell Lipton advising Huntington and Sullivan & Cromwell guiding Cadence. 

  • October 27, 2025

    UK Raises Antitrust Concern Over £1.2B Greencore Deal

    The Competition and Markets Authority said on Monday that Greencore's planned £1.2 billion ($1.6 billion) deal for meals producer Bakkavor might harm competition in the U.K.'s market for chilled sauces.

  • October 27, 2025

    Covington Helps Novartis Buy Avidity Biosciences For $12B

    Swiss pharmaceutical giant Novartis AG has said it will buy Avidity Biosciences, a U.S. developer of therapeutics for muscle diseases, for approximately $12 billion in a move to boost its neuroscience portfolio.

  • October 26, 2025

    7 Firms Steer $2.1B Take-Private Deal For Plymouth REIT

    Real estate investment firm Makarora Management LP and Ares Management Corp. have agreed to acquire and take private Plymouth Industrial REIT Inc. in a $2.1 billion cash deal guided by seven law firms, coming three months after a competing buyout offer for Plymouth.

  • October 24, 2025

    JPMorgan Accuses Charlie Javice Of 'Abusive' Atty Fee Billing

    JPMorgan Chase & Co. on Friday asked a Delaware state judge to reverse a 2023 order requiring the bank to cover the legal fees of convicted Frank founder Charlie Javice, arguing that the court must put a stop to her "abusive billing."

  • October 24, 2025

    X Corp. Says Ex-Twitter Workers' Bid Is Too Little, Too Late

    Elon Musk's X Corp. told a Delaware federal judge that six former Twitter workers' bid to revive their dismissed severance claims by raising fresh contract theories and stale arbitration testimony is "far too little, far too late."

  • October 24, 2025

    Avalara Investors Fight Stay In $8.4B Buyout Dispute

    Shareholders of tax software company Avalara are fighting a motion by the company in Washington federal court to stay litigation accusing it of misleading investors ahead of an $8.4 billion deal to take the company private.

  • October 24, 2025

    Off The Bench: NBA Gambling Woes, Golfer's $50M Trial Win

    In this week's Off The Bench, the NBA faces a gambling scandal during its opening week, a Florida jury hands golfer Jack Nicklaus a $50 million victory in his defamation lawsuit, and DraftKings and the NHL step into the realm of prediction markets.

Expert Analysis

  • Series

    Competing In Modern Pentathlon Makes Me A Better Lawyer

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    Opening myself up to new experiences through competing in modern Olympic pentathlon has shrunk the appearance of my daily work annoyances and helps me improve my patience, manage crises better and remember that acquiring new skills requires working through your early mistakes, says attorney Mary Zoldak.

  • NY Case Shows How LLC Agreements Can Be Amended

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    The New York Court of Appeals in Behler v. Tao recently held that a merger clause contained in an amended limited liability company agreement superseded and extinguished an alleged oral agreement between the parties, highlighting the importance of determining early how and when an LLC agreement may be amended, says Kerrin Klein at Olshan Frome.

  • Series

    Law School's Missed Lessons: Teaching Yourself Legal Tech

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    New graduates often enter practice unfamiliar with even basic professional software, but budding lawyers can use on-the-job opportunities to both catch up on technological skills and explore the advanced legal and artificial intelligence tools that will open doors, says Alyssa Sones at Sheppard Mullin.

  • Texas Targets Del. Primacy With Trio Of New Corporate Laws

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    Delaware has long positioned itself as the leader in attracting business formation, but a flurry of new legislation in Texas aimed at attracting businesses to the Lone Star State is aggressively trying to change that, says Andrew Oringer at the Wagner Law Group.

  • How AI May Reshape The Future Of Adjudication

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    As discussed at a recent panel at Texas A&M, artificial intelligence will not erase the human element of adjudication in the next 10 to 20 years, but it will drive efficiencies that spur private arbiters to experiment, lead public courts to evolve and force attorneys to adapt, says Christopher Seck at Squire Patton.

  • When Legal Advocacy Crosses The Line Into Incivility

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    As judges issue sanctions for courtroom incivility, and state bars advance formal discipline rules, trial lawyers must understand that the difference between zealous advocacy and unprofessionalism is not just a matter of tone; it's a marker of skill, credibility and potentially disciplinary exposure, says Nate Sabri at Perkins Coie.

  • Series

    Volunteering At Schools Makes Me A Better Lawyer

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    Speaking to elementary school students about the importance of college and other opportunities after high school — especially students who may not see those paths reflected in their daily lives — not only taught me the importance of giving back, but also helped to sharpen several skills essential to a successful legal practice, says Guillermo Escobedo at Constangy.

  • How Trump Administration's Antitrust Agenda Is Playing Out

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    Under the current antitrust agency leadership, the latest course in merger enforcement, regulatory approach and key sectors shows a marked shift from Biden-era practices and includes a return to remedies and the commitment to remain focused on the bounds of U.S. law, say attorneys at Wilson Sonsini.

  • Attacks On Judicial Independence Tend To Manifest In 3 Ways

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    Attacks on judicial independence now run the gamut from gross (bald-faced interference) to systemic (structural changes) to insidious (efforts to undermine public trust), so lawyers, judges and the public must recognize the fateful moment in which we live and defend the rule of law every day, says Jim Moliterno at Washington and Lee University.

  • A Look At Texas Corp. Law Changes Aimed At Dethroning Del.

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    Seeking to displace Delaware as the preferred locale for incorporation, Texas recently significantly amended its business code, including changes like codifying the business judgment rule, restricting books and records demands, and giving greater protections for officers and directors in interested transactions, say attorneys at Fenwick.

  • Series

    Law School's Missed Lessons: Appreciating Civil Procedure

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    If you’re like me, law school’s often complex and theoretical approach to teaching civil procedure may have contributed to an early struggle with the topic, but when seen from a practical perspective, new lawyers may find they enjoy mastering these rules, says Chloe Villagomez at Foster Garvey.

  • Calif. Bar Exam Fiasco Shows Why Attys Must Disclose AI Use

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    The recent revelation that a handful of questions from the controversial California bar exam administered in February were drafted using generative artificial intelligence demonstrates the continued importance of disclosure for attorneys who use AI tools, say attorneys at Troutman.

  • The State Of Play For Bank Merger Act Applications

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    Both the Office of the Comptroller of the Currency's recent reversal of changes to its bank merger policies and the Federal Deposit Insurance Corp.'s rescission of its 2024 statement may be relevant for all banks considering a transaction, as responsibility for review depends on the identity of the parties and the transaction structure, say attorneys at Davis Polk.

  • Del. Corporate Law Rework May Not Stem M&A Challenges

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    While Delaware's S.B. 21 introduced significant changes regarding controllers and conflicted transactions by limiting what counts as a controlling stake and improving safe harbors, which would seem to narrow the opportunities to challenge a transaction as conflicted, plaintiffs bringing shareholder derivative claims may merely become more resourceful in asserting them, say attorneys at Debevoise.

  • Synopsys-Ansys Merger Augurs FTC's Return To Remedies

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    The Federal Trade Commission's recent approval of $35 billion merger between Synopsys and Ansys, subject to the divestiture of certain assets, signals a renewed preference for settlements over litigation, if the former can preserve competition and a robust structural remedy is available, say attorneys at Simpson Thacher.

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