Mergers & Acquisitions

  • May 08, 2026

    2 Firms Advise On OnlyFans Stake Sale At $3.15B Valuation

    OnlyFans owner Fenix International Ltd. said Friday it has agreed to sell a minority stake to investment firm Architect Capital in a deal valuing the company at $3.15 billion, with the transaction aimed at expanding the platform's financial services and creator tools.

  • May 08, 2026

    Ex-Wachtell Lipton Atty Tied To Stolen BigLaw Info Trades

    A former Wachtell Lipton Rosen & Katz attorney who later worked for investment bank LionTree LLC is an unindicted co-conspirator in a sweeping alleged insider trading scheme that involved stolen information from several prominent law firms, according to a review of publicly available information.

  • May 08, 2026

    Don't Miss It: Paul Hastings, V&E Steer Latest Hot Deals

    A lot can happen in the world of mergers and acquisitions and equity fundraising over the course of a couple weeks, and it's difficult to keep up with all the deals.

  • May 08, 2026

    Taxation With Representation: Corrs, Kirkland, Linklaters

    In this week's Taxation With Representation, gold companies Regis Resources and Vault Minerals combine, Long Lake Management acquires American Express Global Business Travel and Vodafone buys out CK Hutchison Holdings to become the sole owner of their telecommunications joint venture.

  • May 08, 2026

    Hydroturbine Buyer Said Seller Hid $10M In Liabilities

    A hydroturbine business and its parent company have sued Wärtsilä in Delaware Chancery Court, saying the company hid or failed to properly account for liabilities before selling American Hydro and then refused to send a postclosing purchase price dispute to an agreed-upon accounting arbiter.

  • May 08, 2026

    CrossCountry Raises Bid For Two Harbors To Fend Off Rival

    Two Harbors Investment Corp. said Friday that Ohio-based origination company CrossCountry Mortgage has amended a proposed merger agreement to match a competing $1.3 billion offer to acquire the real estate investment trust from UWM Holdings Corp.

  • May 08, 2026

    Mattel Investor Urges Sale To PE, Toy Makers Or Media Cos.

    A longtime shareholder of toy and entertainment company Mattel says the company would be better positioned for long-term growth under new ownership, including by private equity firms, rivals such as Hasbro, or major media companies.

  • May 08, 2026

    Slaughter And May-Led Intertek Rejects EQT's Higher £9B Bid

    Intertek Group PLC has rejected a third takeover proposal from a subsidiary of Swedish private equity firm EQT AB, saying on Friday that the latest offer continues to undervalue the British laboratory testing company and still carries too much risk.

  • May 07, 2026

    SEC Fines Ex-BigLaw Atty For Insider Trades On Apollo Deal

    A former Buchalter PC shareholder has agreed to pay $71,625 to settle the U.S. Securities and Exchange Commission's allegations he purchased stock ahead of Apollo Global Management's $1.5 billion acquisition of Bridge Investment, which the commission said he was representing in an unrelated matter at the time.

  • May 07, 2026

    DOJ Antitrust Head Tells Merging Firms: No Games

    Combating "gamesmanship" remains top of mind for the U.S. Department of Justice Antitrust Division as it reviews mergers, according to a New York speech Thursday from acting head Omeed A. Assefi warning parties against "altering" merger notification material or trying to "play games with documents and data."

  • May 07, 2026

    2 Firms Guide Payward's $600M Crypto Payments Co. Deal

    Jones Day and Latham & Watkins LLP are steering a deal under which Payward Inc., parent company of crypto exchange Kraken, will acquire financial technology company Reap Technologies Holdings Ltd. in an up to $600 million payable cash-and-stock deal, the parties announced Thursday.

  • May 07, 2026

    UK Says Welltower's Senior Home Deals May Hurt Competition

    The United Kingdom's antitrust authority has determined that several of Welltower Inc.'s U.K. senior housing acquisitions create "a realistic prospect of a substantial lessening of competition."

  • May 07, 2026

    Judge Wants States To Outline Live Nation Antitrust Remedies

    A New York federal judge asked state enforcers on Thursday to outline the remedies they intend to seek from Live Nation, along with the discovery they expect to need, before deciding a schedule for the next steps in the antitrust case against the major live entertainment company.

  • May 07, 2026

    Broadfield Adds Corporate Partners From Sidley, Cooley In NY

    Broadfield announced Thursday that two former BigLaw attorneys have joined the firm as partners in its U.S. corporate practice in New York.

  • May 07, 2026

    Simpson Thacher Guides $1.3B Cold Storage Joint Venture

    Americold Realty Trust and EQT, advised by Simpson Thacher & Bartlett LLP, are forming a $1.3 billion joint venture to operate and potentially build upon a portfolio of 12 cold storage properties in the U.S., the companies said.

  • May 07, 2026

    Davis Polk-Led Roche To Pay Up To $1.05B For PathAI

    Davis Polk & Wardwell LLP is advising Roche on a deal announced Thursday that would see the Swiss healthcare company purchase a Boston-based, AI-powered digital pathology company for up to $1.05 billion.

  • May 07, 2026

    Blue Owl's Stack Could See $30B Price Tag, And More Rumors

    Artificial intelligence was a common denominator across recent deal rumors, as Blue Owl Capital was said to be exploring a $30 billion sale of Stack Infrastructure's Asia operations, Anthropic cut a reported $200 billion deal with Google Cloud, and KKR raked in billions for the buildout of a new data center-focused AI company. 

  • May 07, 2026

    Hogan Lovells Helps Angelini Buy Catalyst Pharma For $4.1B

    Angelini Pharma SpA will buy U.S. rival Catalyst Pharmaceuticals Inc. for $4.1 billion in cash, the companies said Thursday, a transaction that will give the Italian company access to therapeutics for rare diseases affecting the brain.

  • May 06, 2026

    Altria, Juul Ask For Stay During Antitrust Class Cert. Appeal

    Altria and Juul are asking a California federal court to pause a case alleging the companies schemed to have Altria exit the e-cigarette market while they appeal a class certification ruling to the Ninth Circuit.

  • May 06, 2026

    'Drugs Made In America' SPAC Eyes $1B Deal With AI Platform

    Special purpose acquisition company Drugs Made In America Acquisition Corp. has filed plans with U.S. regulators to merge with tech company Power Analytics Global Corp. in a deal with a target enterprise valuation of $1 billion for Power Analytics.

  • May 06, 2026

    FCC Dem Calls For 'Rigorous' Paramount, WBD Review

    The lone Democrat on the Federal Communications Commission is demanding close scrutiny of Paramount Skydance Corp.'s plan to acquire Warner Bros. Discovery for $110 billion, raising red flags about foreign ownership stakes in the resulting media giant.

  • May 06, 2026

    Ametek To Acquire PE-Owned Indicor Instrumentation For $5B

    Industrial technology company Ametek Inc. said Wednesday it has agreed to pay $5 billion in cash for a portfolio of instrumentation businesses from Indicor LLC, a portfolio company of private equity firm CD&R.

  • May 06, 2026

    Feds Say Stolen BigLaw Deal Info Aided Huge Trading Scheme

    Federal prosecutors on Wednesday unveiled indictments outlining a massive insider trading scheme that allegedly netted tens of millions of dollars using nonpublic information about mergers and acquisitions worked on by some of the nation's biggest law firms.

  • May 06, 2026

    Cooley Steers Okla. Data Center Growth With Crypto Farm Buy

    Cooley LLP advised digital infrastructure company Core Scientific on a plan to expand its Muskogee, Oklahoma, campus to 1.5 gigawatts of gross power using a $421 million acquisition of a nearby bitcoin mining site. 

  • May 06, 2026

    Baker McKenzie-Led Bayer To Buy Perfuse For Up To $2.45B

    Pharmaceutical giant Bayer AG said Wednesday that it will buy Perfuse Therapeutics, a U.S. biopharma company, for up to $2.45 billion as it seeks a treatment for ocular diseases.

Expert Analysis

  • How Bankrupt Cos. Can Seek Refunds For Illegal Tariffs

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    In light of the U.S. Supreme Court's recent decision striking down President Donald Trump's International Emergency Economic Powers Act tariffs as illegal, some companies may have strong prospects for recovering refunds from the government, and trustees in bankruptcy may have a significant role to play in seeking such recovery, say attorneys at Stinson.

  • Series

    Coaching Soccer Makes Me A Better Lawyer

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    Coaching youth soccer for my 7-year-old son's team has sharpened how I communicate with clients, prepare witnesses, work within teams and think about leadership, making me a more thoughtful and effective lawyer in many ways, says Joshua Holt at Smith Currie.

  • Series

    Law School's Missed Lessons: The Human Element

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    Law school teaches you to quickly apply intellect and logic when handling a legal issue, but every fact pattern also involves a person, making the ability to balance expertise with empathy critical to the growth of relationships with clients, colleagues and adversaries, says Rachel Adcox at Adcox Strategies.

  • The Benefits Of Choosing A Niche Practice In The AI Age

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    As artificial intelligence becomes increasingly accessible, lawyers with a niche practice may stand out as clients seek specialized judgment that automation cannot replicate, but it is important to choose a niche that is durable, engaging and a good personal fit, says Daniel Borneman at Lowenstein Sandler.

  • Section 122 Tariffs Show Shift In Strategy, Not Trade Policy

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    By imposing temporary tariffs under Section 122 of the Trade Act as a stopgap measure while it pivots to less transitory statutory authorities, the Trump administration sent a clear message that the U.S. Supreme Court’s decision in Learning Resources v. Trump, invalidating duties imposed under the International Emergency Economic Powers Act, will not precipitate a change in policy direction, say attorneys at Snell & Wilmer.

  • Antitrust Crime Enforcement May Escalate Under New Chief

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    While the recent departure of the Justice Department’s Antitrust Division chief created uncertainty about enforcement priorities, the debut speech from the new acting division head revealed that companies can only expect the division’s focus on vigorous criminal prosecution and offender deterrence to grow, say attorneys at Sidley.

  • Series

    Podcasting Makes Me A Better Lawyer

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    Podcasting has changed how I ask questions and connect with people, sharpening my ability to listen without interrupting or prejudging, and bringing me closer to what law is meant to be: a human profession grounded in understanding, judgment and trust, says Donna DiMaggio Berger at Becker.

  • Strategies For Retailers, Landlords In M&A Portfolio Reduction

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    With more retailers likely to merge or be acquired in 2026, both landlords and companies looking to renegotiate their real estate footprints can strike successful deals through advance planning, understanding rights allocations and maintaining realistic leverage assessment, say attorneys at Jenner & Block.

  • Lessons From Justices' Split On Major Questions Doctrine

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    The justices' varied opinions in Learning Resources v. Trump, which held the International Emergency Economy Powers Act did not confer the power to impose tariffs, offer a meaningful window into the U.S. Supreme Court's perspective on the major questions doctrine that will likely shape lower courts' approach to executive action challenges, say attorneys at Venable.

  • How The New Tariff Landscape May Unfold

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    To replace tariffs formerly imposed under the International Emergency Economic Powers Act, the administration will rely on a patchwork of statutes, potentially leading to procedural challenges and a complex tariff landscape with varying levels, durations and applicability, says Joseph Grossman-Trawick at King & Spalding.

  • The Cautionary Tale Of A Supply Chain Inquiry 'Made In Italy'

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    Legal probes into the Italian luxury fashion supply chain reflect the need for effective buy-side diligence with a variety of tools and through a variety of lenses to avoid an issue after an M&A transaction, says Jesse Silvertown at Hesparus.

  • Del. Justices' Upholding Of SB 21 Gives Cos. Needed Clarity

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    The Delaware Supreme Court's recent unanimous decision in Rutledge v. Clearway Energy — upholding 2025 corporate law amendments enacted through S.B. 21, which clarified safe harbor protections and key terms — may help stem the DExit movement, whose proponents have claimed unpredictability in Delaware courts, say attorneys at Nelson Mullins.

  • PFAS Risks In M&A Amid Litigation, Legislative Developments

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    Per- and polyfluoroalkyl substances have become a significant M&A concern amid new trends in settlements and state laws, and potential buyers must find ways to evaluate potential related risks, say attorneys at Debevoise.

  • Series

    Volunteering With Scouts Makes Me A Better Lawyer

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    Serving as an assistant scoutmaster for my son’s troop reaffirmed several skills and principles crucial to lawyering — from the importance of disconnecting to the value of morality, says Michael Warren at McManis Faulkner.

  • Series

    Law School's Missed Lessons: In Court, It's About Storytelling

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    Law school provides doctrine, cases and hypotheticals, but when lawyers step into the courtroom, they must learn the importance of clarity, credibility, memorability and preparation — in other words, how to tell simple, effective stories, say Nicholas Steverson and Danielle Trujillo at Wheeler Trigg, and Lisa DeCaro at Courtroom Performance.

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