Sinclair has reached an agreement with the U.S. Department of Justice to end an antitrust probe into its alleged sharing of information with other television station owners for the purpose of fixing advertising prices, the broadcasting conglomerate revealed in a U.S. Securities and Exchange Commission filing Wednesday.
Chinese online retailer LightInTheBox Holding Co. Ltd. on Thursday said it will buy venture capital-backed Singaporean e-commerce platform Ezbuy in an $85.55 million deal, boosting the company’s existing online shopping capabilities and product offerings, especially in the Southeast Asian markets.
Several consumer and industry groups and competitors told the U.K.’s competition watchdog that they oppose grocery outlet Sainsbury’s planned purchase of Walmart Inc.’s U.K. subsidiary, arguing that it could result in a lack of competition and higher prices for consumers.
CommScope said Thursday it will buy ARRIS in a private equity-backed deal worth $7.4 billion that was shaped by 9 law firms, setting the stage for the creation of a communications infrastructure and equipment company better able to tap into trends like 5G and the internet of things.
Middle market private equity firm One Equity Partners has agreed to sell chemical manufacturer PeroxyChem LLC, which serves the food safety, electronics, environmental, energy and other industrial end markets, to German Evonik Industries AG for $625 million, the companies said Thursday.
Anadarko Petroleum Corp. on Thursday said it will sell almost all of its remaining midstream energy assets to master limited partnership Western Gas Partners LP in a $4 billion deal, with Vinson & Elkins LLP guiding both companies.
Facing skeptical investors, Greek marine refueling company Aegean Marine Petroleum Network Inc. was unable to convince a New York bankruptcy judge by the end of Wednesday to grant an emergency request to tap a $532 million debtor-in-possession financing arrangement its attorneys said is needed immediately.
Internet service company Web.com Group Inc. investors who sued in Delaware to block the company’s $2 billion acquisition by Siris Capital Group LLC have agreed to scuttle the federal court action following additional company disclosures about the deal.
An Akorn Inc. shareholder sued the pharmaceutical company’s executives and board members on Tuesday in Illinois federal court over falsified submissions to the U.S. Food and Drug Administration, a "debacle" that sunk a multibillion-dollar merger and plunged Akorn’s share price by nearly 50 percent.
Broker and financial technology firm Investment Technology Group Inc. on Wednesday said tech-focused trading firm Virtu Financial Inc. will take the company over in a deal valued at approximately $1 billion, with Paul Weiss Rifkind Wharton & Garrison LLP guiding the buyer and Wachtell Lipton Rosen & Katz steering the seller.
House Democrats will have a platform to push their progressive antitrust priorities well before the next presidential election after winning control of the chamber in Tuesday's midterm elections.
Xilinx has reportedly tapped Barclays to aid a potential deal to snap up Mellanox, SoftBank wants to raise 2 trillion Japanese yen ($17.6 billion) from Japanese individuals when it floats its mobile phone unit, and Blackstone and LLOG Exploration Co. have tapped an investment bank to help sell their joint venture.
Skadden Arps Slate Meagher & Flom LLP on Tuesday guided Chinese social networking service Renren in its $454 million all-stock sale of a Beijing-based used car dealership company to a Cayman Islands-based LLC.
The real estate arm of AXA Investment Managers has reached a deal to buy a $9.4 billion portfolio of U.S. mortgages from Quadrant Real Estate Advisors LLC, according to an announcement from the companies on Wednesday.
Bedding and furniture component manufacturer Leggett & Platt on Wednesday said it will buy a specialty foam and chemicals producer from Arsenal Capital Partners in a $1.25 billion deal, with Perkins Coie LLP, Latham & Watkins LLP and Jones Day steering the buyer.
Hyundai Motor Group and Kia Motors Co. will join forces to invest $250 million into Singapore-based ride-hailing service Grab Holdings Inc., as part of a partnership focused on forming electric vehicle pilot programs in Southeast Asia, the companies said Wednesday.
Whirlpool Corp. and Nidec Corp. have agreed to offer undisclosed commitments to the European Union's competition watchdog to gain approval for the $1.08 billion sale of Whirlpool's compressor business Embraco, EU records show.
Newell Brands said Wednesday that the consumer and commercial products marketing company has agreed to sell its fishing business and its memorabilia manufacturer to two private equity firms in separate deals that carry a combined value of approximately $2.5 billion of after-tax proceeds and were guided by Jones Day, Latham & Watkins LLP and Schiff Hardin LLP.
Stockholders challenged a proposed reverse merger in Massachusetts federal court Wednesday that would take biopharmaceutical company Millendo Therapeutics public as it acquires the fledgling female infertility treatment firm OvaScience.
A backlash over Justice Brett Kavanaugh's bitter confirmation battle played a key role in Republicans adding to their Senate majority, as so-called “Trump state” Democrats who opposed confirmation fell to GOP challengers in Tuesday’s midterm elections.
In a speech last week, Deputy Assistant Attorney General Matthew Miner acknowledged numerous changes over the past year in the U.S. Department of Justice's approach to corporate white collar enforcement, and clearly set forth current prosecutorial initiatives, say attorneys with Epstein Becker & Green PC.
Companies that engage in government contracting, particularly in the defense industry, face sector-specific antitrust compliance challenges. They must navigate carefully to manage risk in merger review, teaming agreements and personnel issues, say Peter Levitas and Francesca Pisano of Arnold & Porter.
Dark web monitoring allows law firms to see what sensitive information may have made its way onto the thriving global underground marketplace where cybercriminals buy and sell exposed data. It can also help lawyers advise clients on a wide range of legal and business matters, say Anju Chopra and Brian Lapidus of Kroll.
Interpretations of Rule 45 protections vary but what's clear is that "undue burden" does not mean no burden at all. To avoid the costs of compliance with a subpoena, a nonparty should be ready to demonstrate its disinterest in the litigation and the anticipated cost and burden of compliance, say attorneys at Pepper Hamilton LLP.
Changes to the U.S. Department of Justice merger investigation process announced last week reflect the DOJ’s understanding that delay is a form of uncertainty and risk. Indeed, the timelines of recent investigations indicate that the agency has already endeavored to accelerate its merger reviews, say attorneys with Paul Weiss Rifkind Wharton & Garrison LLP.
The Tronox/Cristal case highlights legitimate disadvantages that parties can face when a merger is before the Federal Trade Commission rather than the U.S. Department of Justice. The SMARTER Act, which has been floating around in Congress for several years, would improve the approach to cases like this, say Michael Wise and Noah Pinegar of Paul Hastings LLP.
Jason Idilbi, former BigLaw associate and general counsel of the tech startup Passport Labs Inc., returns to Law360 to share recent thoughts on best practices for newer associates — whether they are serving external clients or senior attorneys within their firms.
In a new, extraordinary book, "Tough Cases: Judges Tell the Stories of Some of the Hardest Decisions They’ve Ever Made," 13 of my judicial brethren have courageously and dramatically humanized the judicial process, says U.S. District Judge Frederic Block of the Eastern District of New York.
There are several aspects of the California Consumer Privacy Act that will affect the work of transactional attorneys, particularly those involved in mergers and acquisitions and in drafting contracts with vendors and business partners, say attorneys with Munger Tolles & Olson LLP.
President Donald Trump issued an executive order this month authorizing new sanctions against parties determined to have interfered in U.S. elections. In the event more sanctions are imposed, the number of sanctions targets could increase significantly, placing additional importance on screening of transaction parties and their ownership structures, say attorneys at White & Case LLP.