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Mergers & Acquisitions
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July 01, 2025
Mayer Brown, A&O Shearman Lead $1.8B Containerboard Deal
Packaging Corp. of America has agreed to purchase the containerboard business of Greif Inc. for $1.8 billion in cash, the companies said on Tuesday, in a deal steered by Mayer Brown LLP and聽A&O Shearman.
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July 01, 2025
White & Case Adds Arnold & Porter Investment Mgmt Co-Head
White & Case LLP has announced that it hired the former co-head of Arnold & Porter Kaye Scholer LLP's investment management practice.
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July 01, 2025
Linklaters Continues US Growth With NY Capital Markets Atty
Linklaters LLP has brought on the former co-head of Proskauer Rose LLP's capital markets group as a capital markets and mergers and acquisitions partner in New York.
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July 01, 2025
SIX Finalizes Aquis Deal, Boosts European Market Reach
SIX Exchange Group AG said on Tuesday it has successfully closed its acquisition of London's challenger stock exchange Aquis, which the Swiss bourse group believes will boost its position in European trading.
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July 01, 2025
Blackstone Can Raise Bid Amid Rival Offer For UK Investor
Blackstone said Tuesday it is examining whether to table a new bid for Warehouse REIT, a logistics investor based in the U.K., after its takeover target agreed to a 拢485.2 million ($668.2 million) deal with rival Tritax in June.
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June 30, 2025
Cooley Advises Capstan In Sale To AbbVie Worth Up To $2.1B
Pharma giant AbbVie Inc. announced Monday that it would pay up to $2.1 billion to acquire cell therapy developer Capstan Therapeutics Inc., which Cooley LLP is advising in the deal aimed at further advancing care for people with autoimmune diseases.
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June 30, 2025
Judge Urges DOJ, Assa Abloy To Reach Deal On Extension
A D.C. federal court urged the U.S. Department of Justice and Assa Abloy on Monday to reach an agreement over a request from Fortune Brands Home & Security to extend a supply agreement that was part of a 2023 merger settlement.
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June 30, 2025
Catching Up With Delaware's Chancery Court
Delaware's Supreme Court was kept busy this past week with litigants' attempts to challenge its previous decisions, as well as those of Delaware's Court of Chancery, which included an argument that the state's high court incorrectly ruled in favor of energy company Boardwalk Pipeline Partners LP by rejecting the Chancery's decision upholding class claims branding the call-in of public shares unfair. In case you missed it, here's the latest from the Delaware Chancery Court.
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June 30, 2025
Biotech Co. Stockholders Reach $32M Merger Suit Deal In Del.
Former stockholders of Emisphere Technologies told the Delaware Chancery Court they have reached a $32 million settlement to resolve their suit challenging the $1.8 billion sale of the biotechnology company to Novo Nordisk A/S.
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June 30, 2025
Hong Kong's IPO Surge Creates More Competition For US
Hong Kong led global exchanges on new listings for operating companies in the first half of 2025, partly benefiting from a U.S.-China rift that is prompting more mainland China companies to seek secondary listings in Hong Kong, according to new data released on Monday.
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June 30, 2025
Hyatt Selling Playa Real Estate Portfolio For $2B
Hyatt Hotels Corp. said Monday it has agreed to sell the real estate portfolio owned by Playa for $2 billion to Tortuga Resorts 鈥 a joint venture between an affiliate of private equity firm KSL Capital Partners and resort and hospitality company Rodina.
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June 30, 2025
Chancery OKs $19.25M Settlement In Weber Squeeze-Out Suit
Grillmaker Weber Inc. public stockholders secured an up to 87-cents-per-share boost Monday over the company's purportedly unfair, $3.7 billion take private sale, when the Delaware Court of Chancery approved a $19.25 million mediated settlement.
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June 30, 2025
4 Firms Build $112.7M Take-Private Of Big 5 Sporting Goods
Big 5 Sporting Goods Corp. on Monday announced plans to go private after being bought by a partnership that includes Worldwide Golf and Capitol Hill Group in an all-cash deal that was built by four law firms and is valued at roughly $112.7 million.
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June 30, 2025
Baker McKenzie Hires Consumer Protection Prosecutor In DC
An 18-year veteran of the U.S. Department of Justice's Consumer Protection branch has left the agency to join Baker McKenzie LLP's Washington, D.C., office, where he'll work with a former colleague who was recently named leader of the practice group he is now joining, the firm announced Monday.
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June 30, 2025
3 Firms Advise As Home Depot Unit Scoops Up GMS For $5.5B
The Home Depot-owned trade distribution subsidiary SRS Distribution Inc. will acquire building products distributor GMS Inc. in a $5.5 billion deal, inclusive of debt, the companies announced Monday.聽
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June 30, 2025
White & Case-Led CVC, Tabreed To Buy PAL Cooling For $1B
Private equity giant CVC Capital Partners said Monday that its infrastructure investment arm CVC DIF has teamed up with Tabreed, an Abu Dhabi-based cooling company, to acquire PAL Cooling from Multiply Group for approximately 3.8 billion UAE dirhams ($1 billion).
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June 30, 2025
Justices Rebuff American Airlines' Bid To Revive JetBlue Pact
The U.S. Supreme Court on Monday rebuffed American Airlines' bid to revive its codeshare agreement with JetBlue in Boston and New York.
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June 30, 2025
UK Opens Probe Into Boeing's $4.7B Deal For Spirit Aero
Britain's antitrust authority said Monday that it has opened a formal probe into Boeing's planned $4.7 billion deal to buy aircraft parts maker Spirit AeroSystems to consider whether it could harm competition in U.K. markets.
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June 30, 2025
Military Tech Giant To Buy UK Comms Maker For Up To 拢20M
Chemring said Monday it has agreed to acquire Landguard Nexus Ltd., a U.K. manufacturer of communications systems, in a deal worth up to 拢20 million ($27 million), as the defense technology company eyes growing its product portfolio.
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June 28, 2025
DOJ OKs $14B HPE-Juniper Deal With Small-Biz WiFi Unit Sale
The U.S. Department of Justice announced a settlement Saturday with Hewlett Packard Enterprise, clearing the tech giant's $14 billion purchase of Juniper Networks by requiring the divestiture of a WiFi network business geared toward small firms.
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June 27, 2025
PE-Backed McGraw Hill, Consumer Researcher NIQ File IPOs
Educational publisher McGraw Hill Inc. and consumer research provider NIQ Global Intelligence PLC filed plans for initial public offerings Friday, marking a pair of large private-equity-backed companies set to join a recovering IPO market.
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June 27, 2025
Judge Waits On Fortune's Bid To Join Assa Abloy Fight
A D.C. federal judge left open the question of whether Fortune Brands Home & Security can intervene to enforce Assa Abloy's 2023 settlement agreement with the U.S. Department of Justice on Friday, as the DOJ seeks to keep a supply agreement between the two companies in place.
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June 27, 2025
Del. Supreme Court Upholds Ruling In $5.5M Earnout Dispute
Delaware's highest court offered no long goodbye Friday to data management venture STX Business Solutions LLC's appeal for a revival of buyer breach claims in a suit dismissed by the Court of Chancery in October.
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June 27, 2025
Kirkland, Akin Advise On $1.5B DNOW, MRC Deal
DNOW Inc. has agreed to acquire MRC Global Inc. in an all-stock transaction valued at approximately $1.5 billion including debt, a deal that will combine two major distributors of energy and industrial products.
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June 27, 2025
Pillsbury Adds Restructuring Pro From Paul Hastings In NY
Pillsbury Winthrop Shaw Pittman LLP has grown its insolvency and restructuring practice in New York with the addition of a Paul Hastings LLP partner.
Expert Analysis
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7 Tips For Associates To Thrive In Hybrid Work Environments
Excerpt from
As the vast majority of law firms have embraced some type of hybrid work policy, associates should consider a few strategies to get the most out of both their in-person and remote workdays, says James Argionis at Cozen O鈥機onnor.
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Series
Playing Beach Volleyball Makes Me A Better Lawyer
My commitment to beach volleyball has become integral to my performance as an attorney, with the sport continually reminding me that teamwork, perseverance, professionalism and stress management are essential to both undertakings, says Amy Drushal at Trenam.
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How Law Firms Can Counteract The Loneliness Epidemic
The legal industry is facing an urgent epidemic of loneliness, affecting lawyer well-being, productivity, retention and profitability, and law firm leaders should take concrete steps to encourage the development of genuine workplace connections, says Michelle Gomez at Littler and Gwen Mellor Romans at Herald Talent.
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Opinion
DOJ's HPE-Juniper Challenge Is Not Rooted In Law
Legal precedents that date back as far as 1990 demonstrate that the U.S. Department of Justice's recent challenge to the proposed $14 billion merger between Hewlett Packard and Juniper is misplaced because no evidence of collusion or coordinated conduct exists, says Thomas Stratmann at George Mason University.
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5 Keys To Building Stronger Attorney-Client Relationships
Attorneys are often focused on being seen as the expert, but bonding with clients and prospects by sharing a few key personal details provides the basis for a caring, trusted and profoundly deeper business relationship, says Deb Feder at Feder Development.
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How Rising Secondary Private Markets Affect Tech Disputes
The rise of secondaries is a natural by-product of growing and evolving private markets and, as such, we can expect their growth will continue, signaling an increase in the use of secondaries in damages as well as litigation revolving around secondaries themselves, says Farooq Javed at The Brattle Group.
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How The AI Antitrust Landscape Might Evolve Under Trump
The Trump administration's early actions around artificial intelligence and antitrust policy, along with statements from competition regulators, suggest that the AI competition landscape may see reduced scrutiny around acquisitions, but not an entirely hands-off enforcement approach,聽say attorneys at Hogan Lovells.
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Series
Racing Corvettes Makes Me A Better Lawyer
The skills I use when racing Corvettes have enhanced my legal practice in several ways, because driving, like practicing law, requires precision, awareness and a good set of brakes 鈥 complete with the wisdom to know how and when to use them, says Kat Mateo at Olshan Frome.
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Bill Would Bring Welcome Clarity To Del. Corporate Law
A recently proposed bill in Delaware that would provide greater predictability for areas including director independence and controlling stockholders reflects prudential adjustments consistent with the state's long history of refining and modernizing its corporate law, say attorneys at Simpson Thacher.
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Opinion
Attorneys Must Act Now To Protect Judicial Independence
Given the Trump administration's recent moves threatening the independence of the judiciary, including efforts to impeach judges who ruled against executive actions, lawyers must protect the rule of law and resist attempts to dilute the judicial branch鈥檚 authority, says attorney Bhavleen Sabharwal.
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Rethinking 'No Comment' For Clients Facing Public Crises
鈥淣o comment鈥 is no longer a cost-free or even a viable public communications strategy for companies in crisis, and counsel must tailor their guidance based on a variety of competing factors to help clients emerge successfully, says Robert Bowers at Moore & Van Allen.
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Del. Supreme Court TripAdvisor Ruling May Limit 'MFW Creep'
The Delaware Supreme Court's recent Maffei v. Palkon ruling regarding TripAdvisor's proposed reincorporation to Nevada potentially signals a turning point in the trend of expanding the protections from Kahn v. M&F Worldwide to other types of transactions, says Andrew J. Haile at Elon University.
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Antitrust In Retail: Rude Awakening For FTC In Tempur Sealy
A Texas federal court's recent denial of a Federal Trade Commision order to stop a giant mattress merger because of lack of evidence on market segments shows that such definitions are only a viable path for regulating vertical mergers if antitrust agencies provide adequate documentation, says David Kully at Holland & Knight.
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How Design Thinking Can Help Lawyers Find Purpose In Work
Lawyers everywhere are feeling overwhelmed amid mass government layoffs, increasing political instability and a justice system stretched to its limits 鈥 but a design-thinking framework can help attorneys navigate this uncertainty and find meaning in their work, say law professors at the University of Michigan.
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Opinion
US Steel-Nippon Merger Should Not Have Been Blocked
The Biden administration's block of the U.S. Steel and Nippon Steel merger on national security grounds was unconstitutional overreach and needs to be overturned, with the harms remedied in federal court, says attorney Chuck Meyer.聽