Mergers & Acquisitions Law360 provides breaking news and analysis on high-impact mergers and acquisitions and the attorneys involved. Coverage includes major deals, related litigation and enforcement actions, and policy developments that affect corporate dealmaking.
A New York bankruptcy judge said Friday that Brookfield Business Partners LP and the legal professionals winding down Westinghouse Electric Co.'s Chapter 11 estate need to provide more information before he can rule on a disputed $134 million transferred to Brookfield when it bought the distressed contractor.
First Citizens Bank & Trust Co. on Friday said it will pay $115 million to acquire Biscayne Bancshares Inc., allowing the Raleigh, North Carolina-headquartered bank to add additional depth in the Florida market.
Data software company Hortonworks Inc. lowballed its investors and misled them about financial projections in its all-stock $5.2 billion merger with competitor Cloudera, according to a proposed shareholder class action filed in California federal court on Thursday that sought to block the deal.
The newest round of hires in the health and life sciences industries have found homes at Quinn Emanuel Urquhart & Sullivan LLP, Goodwin Procter LLP, Ropes & Gray LLP, Nelson Hardiman LLP, Nichols Liu LLP, K&L Gates LLP, Manatt Phelps & Phillips, Sumner Schick LLP and a handful of companies in need of GCs.
With so much mergers and acquisitions news this week, you may have missed deals announced in the last several days helmed by firms such as Sullivan & Cromwell LLP and Sidley Austin LLP. Here, Law360 recaps the ones you may have missed.