2nd Requests Almost Always Spell Trouble For Deals
By Chelsea Naso (March 1, 2017, 1:13 PM EST) -- A deal's chance of clearing antitrust review unscathed falls drastically once a second request for information is handed out, a trend that was particularly prevalent in 2015 for tie-ups in the transportation, retail trade and pharmaceutical industries and for deals reviewed by the U.S. Department of Justice, a recent study shows.
The 2015 fiscal year, the most recent year for which there was data, had a banner mergers and acquisitions market and thus saw a rise in the number of reported transactions or those that could reasonably draw a second request from either the DOJ or the Federal Trade Commission, according...
Stay ahead of the curve
In the legal profession, information is the key to success. You have to know what’s happening with clients, competitors, practice areas, and industries. Law360 provides the intelligence you need to remain an expert and beat the competition.
Access to case data within articles (numbers, filings, courts, nature of suit, and more.)
Access to attached documents such as briefs, petitions, complaints, decisions, motions, etc.
Create custom alerts for specific article and case topics and so much more!