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Mergers & Acquisitions

  • July 11, 2025

    Flutter Buys MoFo-Led Boyd's Stake In FanDuel For $1.76B

    Flutter Entertainment PLC said Friday that it has agreed to acquire a 5% stake in FanDuel Group from Boyd for approximately $1.76 billion to take outright ownership of the leading sports betting and iGaming business in the U.S.

  • July 11, 2025

    Warehouse REIT Backs Blackstone's Sweetened £489M Offer

    The board of Warehouse REIT switched allegiance to Blackstone on Friday, after the private equity heavyweight pitched a sweetened £489 million ($662 million) cash offer in a bidding war with property investor Tritax Big Box.

  • July 10, 2025

    VC Giant Andreessen Rips Del. Courts, Plans Move To Nev.

    Venture capital giant Andreessen Horowitz on Wednesday announced plans to reincorporate in Nevada, saying that it was no longer a "no-brainer" to launch a company and incorporate in the historically corporate-friendly state of Delaware.

  • July 10, 2025

    Tyson Says $55M Del. Poultry Plants Win Blocks Ga. Damages

    Tyson Foods wants to block any claim to damages in a poultry rendering company's antitrust lawsuit, telling a Georgia federal judge Wednesday that a Delaware state court already ruled that it overpaid to buy out the company and asserting that precludes any claims that it forced the firm into an underpriced buyout.

  • July 10, 2025

    Blackstone Ups Warehouse REIT Takeover Offer To £489M

    Private equity giant Blackstone, led by Simpson Thacher & Bartlett LLP, on Thursday increased its takeover offer for U.K.-based logistics investor Warehouse REIT, led by Reed Smith LLP, to £489 million ($663.7 million), a move that comes after it submitted a £470 million "final offer" in late June.

  • July 10, 2025

    House Dem Says FCC Must Follow Law On DEI Probes

    A House Democrat who helps oversee the Federal Communications Commission says agency chief Brendan Carr must avoid any hint of targeting companies' diversity initiatives for political reasons rather than legal rationale against discrimination.

  • July 10, 2025

    $4.4B T-Mobile, UScellular Deal Gets DOJ OK, With A Warning

    The U.S. Department of Justice gave its all-clear Thursday to T-Mobile's plan to take over most of UScellular's wireless operations, finding that T-Mobile's commitments to bolster the flagging company outweigh, at least for now, worries over the disappearance of UScellular's underdog offerings.

  • July 10, 2025

    FCC Says Yes To T-Mobile's $5B Metronet Buy After Nixing DEI

    T-Mobile has received the Federal Communications Commission's blessing to go ahead with its $4.9 billion joint venture to acquire fiber company Metronet, one day after telling the agency it would end its diversity, equity and inclusion programs in furtherance of the FCC chair's goals.

  • July 10, 2025

    Ferrero, Kellogg Ink $3.1B Deal Led By Davis Polk, Kirkland

    Italian food company The Ferrero Group has agreed to acquire WK Kellogg Co. in a $3.1 billion all-cash deal, the companies said Thursday, marking a major expansion for Ferrero into the North American breakfast market. 

  • July 10, 2025

    SpaceX Seeks Record $400B Valuation, Plus More Rumors

    Elon Musk's satellite and rocket maker SpaceX is planning to raise money in a private round that would value the company at a record $400 billion, Starbucks China is seeking bids for a stake sale that could value the chain at $10 billion, plus online fashion giant Shein hopes to salvage its long-awaited IPO by listing in Hong Kong.

  • July 10, 2025

    AbbVie Pays Up To $2B For Oncology Licensing Agreement

    Pharmaceutical giant AbbVie Inc. on Thursday announced an up to $2 billion exclusive licensing agreement with Covington & Burling LLP-advised IGI Therapeutics SA for rights to its lead oncology and autoimmune diseases investigational asset.

  • July 09, 2025

    Give Investors Partial Class Cert In DiDi Suit, Judge Suggests

    Investors in DiDi Global Inc., a ride-hailing business based in China, should receive class certification for some of their claims in a suit alleging that the company hid enterprise-threatening regulatory risks during its initial public offer in 2021, a federal magistrate judge has determined.

  • July 09, 2025

    Former Josh Wine Exec Sues Over Soured Buyout Deal

    The former president of the wine and spirits company that owns multibillion-dollar brand Josh Cellars has filed suit in New York state court, claiming the family-run enterprise has withheld millions in royalty payments that he was due after his employment contract expired, exposing "the dark underbelly of the adage that blood is thicker than water."

  • July 09, 2025

    Quinn Emanuel Says 'Spite' Behind Unpaid $30M Legal Tab

    The new owners of a business that was forced by Quinn Emanuel Urquhart & Sullivan LLP attorneys to honor a merger agreement are refusing to pay a $30 million legal bill "out of spite," the firm has alleged in Massachusetts state court.

  • July 09, 2025

    Thunderstone SPAC Eyes $50M IPO Targeting Growth Firms

    Special purpose acquisition company Thunderstone Acquisition told U.S. regulators Wednesday that it plans to raise up to $50 million in its initial public offering.

  • July 09, 2025

    Fla. Man Admits To Insider Trading On Google-ADT Deal

    A Florida man has pled guilty to trading shares of ADT Inc. after learning from a family member about a planned investment in the security company from Google, which ultimately reaped him a profit of more than $314,000.

  • July 09, 2025

    Lowenstein Sandler Adds Experienced Tax Partner In NY

    A onetime FBI special agent who has spent the past 18 years in BigLaw has come aboard Lowenstein Sandler LLP's New York office as a partner in the firm's tax practice.

  • July 09, 2025

    Globa Terra SPAC Raises $152M To Target Agribusiness Deals

    Special purpose acquisition company Globa Terra Acquisition Corp. began trading Wednesday after pricing a $152 million initial public offering, enabling the vehicle to pursue mergers in the agribusiness or water sectors, represented by Paul Hastings LLP.

  • July 09, 2025

    T-Mobile Tanks DEI Policies To Meet FCC Chair's Goal

    T-Mobile says it will shut down diversity, equity and inclusion programs to align with goals of the Federal Communications Commission's chair as the carrier seeks regulatory approval of two major wireless and fiber deals.

  • July 09, 2025

    LLCP Wraps 7th Flagship Fund With $3.6B In Tow

    Los Angeles-based private equity shop Levine Leichtman Capital Partners, advised by Kirkland & Ellis LLP, on Wednesday revealed that it closed its seventh fund above target after securing over $3.6 billion of investor commitments.

  • July 09, 2025

    Ferguson Braswell Adds Pair Of Corporate Attys In Austin

    Ferguson Braswell Fraser Kubasta PC has added a pair of shareholders who previously practiced at Grable Martin PLLC to its corporate and investment practice in Austin, Texas, strengthening the firm's presence in the city and its global transactional offerings.

  • July 09, 2025

    Hecker Fink Welcomes Longtime Cravath Trial Lawyer In NY

    Hecker Fink LLP announced Wednesday that a longtime Cravath Swaine & Moore LLP attorney known for her work on high-stakes commercial litigation has joined its New York office.

  • July 09, 2025

    Stone And Tile Seller Hits Ch. 11 With $65M In Debt, Sale Plans

    Mosaic Cos., the parent of stone and tile distributors Walker & Zanger and Surfaces Southeast, filed for Chapter 11 protection in Delaware with $65 million of secured debt after it struggled to rebound from pandemic-caused supply chain disruptions.

  • July 09, 2025

    Freshfields Guides Merck's $10B Deal For Verona Pharma

    U.S. biomedical heavyweight Merck said Wednesday that it will buy Verona Pharma for $10 billion to add a drug used to treat lung disease to its portfolio of respiratory therapies.

  • July 08, 2025

    FCC Should Kill Verizon-UScellular Deal, Trade Group Says

    The Rural Wireless Association is not a fan of T-Mobile, Verizon and AT&T's plan to split UScellular between themselves — particularly when it comes to Verizon picking up a hefty share of the phone and internet company's spectrum, the trade group has told the FCC.

Expert Analysis

  • 10 Soft Skills Every GC Should Master

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    As businesses face shifting regulatory and technological uncertainty, general counsel will need to strengthen certain soft skills to succeed, from admitting when they make a mistake to maintaining a healthy dose of dispassion, says Douglas Brown at Manatt.

  • How Proxy Advisory Firms Are Approaching AI And DEI

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    Institutional Shareholder Services' and Glass Lewis' annual updates to their proxy voting guidelines reflect some of the biggest issues of the day, including artificial intelligence and DEI, and companies should parse these changes carefully, say attorneys at Cahill Gordon.

  • An Unrestrained, Bright-Eyed View Of Legal AI's Future

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    Todd Itami at Covington offers a bright-eyed, laughing-all-the-way, skydive look at what the legal industry could look like after an artificial intelligence revolution, which he believes may happen much sooner and more dramatically than we expect.

  • Tracking The Evolution In Litigation Finance

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    Despite continued innovation, litigation finance remains an immature market with borrowers recieving significantly different terms as lenders learn to value cases, which firms need a strong handle on to ensure lending terms do not overwhelm collateral value, says Robert Wilkins at Lightfoot Franklin.

  • Keys To Regulatory Diligence In Life Sciences Transactions

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    Conducting effective regulatory due diligence for life sciences deals requires careful review of a target company's activities, and separate sets of considerations for commercial and pipeline products, says Anna Zhao at GunnerCooke.

  • Series

    Volunteer Firefighting Makes Me A Better Lawyer

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    While practicing corporate law and firefighting may appear incongruous, the latter benefits my legal career by reminding me of the importance of humility, perspective and education, says Nicholas Passaro at Ford.

  • Calif. Antitrust Laws May Turn More Zealous Than US Regs

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    California is poised in the next 18 months to significantly expand its antitrust laws, broadening the scope of liability and creating a premerger review process that could be more expansive than review under the Hart-Scott-Rodino Act, say attorneys at Munger Tolles.

  • E-Discovery Quarterly: The Perils Of Digital Data Protocols

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    Though stipulated protocols governing the treatment of electronically stored information in litigation are meant to streamline discovery, recent disputes demonstrate that certain missteps in the process can lead to significant inefficiencies, say attorneys at Sidley.

  • A Look At M&A Trends In An Uncertain Deal Environment

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    Dealmakers are adopting more cautious and deliberate merger and acquisition practices, such as earnout agreements, joint ventures and strategic partnerships that mitigate risk and bridge valuation gaps, amid the slower pace so far in 2025, says Louis Lehot at Foley & Lardner.

  • Series

    Law School's Missed Lessons: Preparing For Corporate Work

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    Law school often doesn't cover the business strategy, financial fluency and negotiation skills needed for a successful corporate or transactional law practice, but there are practical ways to gain relevant experience and achieve the mindset shifts critical to a thriving career in this space, says Dakota Forsyth at Olshan Frome.

  • FTC Focus: Synthetic Data Yields Antitrust Considerations

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    Attorneys at Proskauer explore the burgeoning world of synthetic data, the antitrust implications involved, the Federal Trade Commission's role in regulating this space and practical takeaways from these emerging issues.

  • Opinion

    Slater Heralds Return To US Antitrust Norms, Innovation

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    Under recently confirmed Assistant Attorney General Gail Slater, the Antitrust Division of the U.S. Department of Justice can fulfill President Donald Trump's objective to reestablish American economic dominance on the global stage while remaining faithful to antitrust's core principles, says Ediberto Roman at the Florida International University College of Law.

  • A Cold War-Era History Lesson On Due Process

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    The landmark Harry Bridges case from the mid-20th century Red Scare offers important insights on why lawyers must be free of government reprisal, no matter who their client is, says Peter Afrasiabi at One LLP.

  • Series

    Improv Makes Me A Better Lawyer

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    Improv keeps me grounded and connected to what matters most, including in my legal career where it has helped me to maintain a balance between being analytical, precise and professional, and creative, authentic and open-minded, says Justine Gottshall at InfoLawGroup.

  • How BigLaw Executive Orders May Affect Smaller Firms

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    Because of the types of cases they take on, solo practitioners, small law firms and public interest attorneys may find themselves more dramatically affected by the collective impact of recent government action involving the legal industry than even the BigLaw firms named in the executive orders, says Reuben Guttman at Guttman Buschner.

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