Mergers & Acquisitions

  • March 1, 2018

    Mintz Levin Adds Morgan Lewis Tech Duo In Boston

    Mintz Levin Cohn Ferris Glovsky and Popeo PC has hired a pair of Morgan Lewis & Bockius LLP partners who have represented technology, life sciences and startup companies in complex corporate transactions, expanding the firm’s technology team in Boston, the firm announced.

  • March 1, 2018

    PE Firm Advent International To Acquire Laird For £1B

    A wholly owned indirect subsidiary of private equity firm Advent International will acquire British electronics and technology business Laird for £1 billion ($1.4 billion), the firm said Thursday.

  • March 1, 2018

    AmTrust Valued At $2.7B In PE-Backed Go-Private Deal

    AmTrust Financial Services Inc. on Thursday said company CEO Barry D. Zyskind and directors George Karfunkel and Leah Karfunkel will team up with private equity funds managed by Stone Point Capital LLC to take the insurer private in a deal that values the company at around $2.7 billion.

  • February 28, 2018

    Justices Hone Creditors' Ability To Ax Pre-Bankruptcy Deals

    The U.S. Supreme Court has opened the door for creditors to claw back more funds in bankruptcy by rejecting the notion that a securities transaction can be insulated from avoidance actions as long as it involved a financial institution, even as just a conduit in a deal, experts say.

  • February 28, 2018

    Deals Rumor Mill: Bayer, Embraer, NIO

    Bayer is reportedly going to win conditional EU approval of its bid to buy Monsanto, Embraer's CEO expects to complete joint venture talks with Boeing in the next few months, and Chinese electric car startup NIO tapped eight banks to guide its planned domestic IPO.

  • February 28, 2018

    Sinclair’s Divestiture Plan For Merger Too Vague, Group Says

    The Federal Communications Commission should demand more than the “vague” details Sinclair Broadcast Group Inc. has provided about the station divestiture it plans to carry out to win government approval for its planned purchase of Tribune Media Co., NCTA – The Internet & Television Association said Tuesday.

  • February 28, 2018

    Towers Watson Got Shafted In $18B Willis Deal, New Suit Says

    Directors and officers tied to consulting firm Towers Watson's $18 billion merger with insurance brokerage Willis were sued Tuesday in Delaware Chancery Court by a disgruntled pension fund alleging the entire deal was set up to benefit just a few individuals at Towers Watson’s expense.

  • February 28, 2018

    McAfee-Tied Investment Firm Beats Securities Fraud Suit

    An investment firm led by John McAfee defeated a proposed securities class action alleging he and the company misled investors about the firm’s dire financial state when a New York federal judge ruled Tuesday that the company had been forthcoming with shareholders about its problems.

  • February 28, 2018

    Takata Fights States' Claim Of Unrestricted Litigation

    Bankrupt air bag maker Takata opposed an attempt by the governments of Hawaii, New Mexico and the U.S. Virgin Islands on Wednesday in Delaware to push forward without restriction in their product liability suits against the debtor.

  • February 28, 2018

    Nelson Mullins Opens Baltimore Office With 11 New Hires

    Nelson Mullins Riley & Scarborough LLP hired 11 litigation and corporate partners from Miles & Stockbridge PC who specialize in complex transactions and product liability disputes in the medical, pharmaceutical and automotive industries to open a new office in Baltimore, the firm announced.

  • February 28, 2018

    Verizon Pays $614M To Settle Spectrum Usage Spat

    Service provider giant Verizon Communications and spectrum-holding unit Straight Path Communications paid $614 million Wednesday to settle a Federal Communications Commission probe accusing Straight Path of “squatting” on valuable 5G-primed spectrum without developing it.

  • February 28, 2018

    Inside Broadcom's Hostile $117B Qualcomm Takeover Bid

    Broadcom is pushing hard to lock down its acquisition of fellow chipmaker Qualcomm even after trimming the merger price to $117 billion, taking its bid to shareholders in a campaign for board seats that may now draw attention from the Committee on Foreign Investment in the United States. Here, an interactive Law360 graphic details the twists and turns ahead of Qualcomm's annual shareholder meeting.

  • February 28, 2018

    $14B Great Plains-Westar Deal Gets FERC Approval

    The Federal Energy Regulatory Commission on Wednesday gave its authorization to a merger between Great Plains Energy Inc. and Westar Energy Inc. in a deal valued at around $14 billion, finding that the transaction is in the public interest and won’t negatively impact markets or rates.

  • February 28, 2018

    HSH Nordbank Sold To PE Consortium For $1.2B

    German state-owned bank and shipping lender HSH Nordbank has entered into an agreement to sell its remaining shares for €1 billion ($1.2 billion) to a private equity consortium that includes Cerberus European Investments and J.C. Flowers & Co., the bank said Wednesday.

  • February 28, 2018

    Splunk Buys VC-Backed Phantom Cyber In $350M Deal

    Data analytics firm Splunk Inc. said Tuesday it will pay about $350 million to acquire venture capital-backed security automation company Phantom Cyber Corp. as the company looks to get ahead of the curve in the growing field of security technology integration.

  • February 28, 2018

    Ocwen Financial Inks $360M Cash Deal For Rival PHH

    Ocwen Financial Corp. has agreed to buy rival mortgage servicer PHH Corp. for $360 million in cash, the companies announced Tuesday, just weeks after the D.C. Circuit rejected PHH’s constitutional challenges to the structure of the Consumer Financial Protection Bureau.

  • February 27, 2018

    Dye Co. Sues Oakley Over Military Tech Secrets After Sale

    A government contractor that makes a secret laser dye used by the U.S. Air Force accused Oakley Inc. of ripping off its technology after it bought a portion — but not all — of the contractor’s business, according to a $1.3 million suit entered in Ohio federal court on Tuesday.

  • February 27, 2018

    Dem AGs Oppose FCC Lifting Television Reach Limits

    The Democratic attorneys general of seven states urged the Federal Communications Commission in comments filed Monday not to relax the nationwide television audience cap, pointing specifically to Sinclair Broadcast Group Inc.’s proposed $3.9 billion purchase of Tribune Media Co., and warning of “excessive consolidation.”

  • February 27, 2018

    Discovery Sells Education Unit As Feds OK $15B Scripps Deal

    The U.S. Department of Justice wrapped up its investigation into Discovery Communications’ $14.6 billion buyout of Scripps Network Interactive on Tuesday, a day after Discovery said private equity firm Francisco Partners would take over a majority stake in its education unit.

  • February 27, 2018

    Deals Rumor Mill: Amazon, Glassdoor, Toys R Us

    Amazon has reportedly snapped up home security startup Ring, Glassdoor is talking to banks that could aid an upcoming initial public offering, and Toys R Us is mulling a deal to sell its stake in its Asian business.

Expert Analysis

  • Corporate Divorce: Essential Case Intake Questions

    Damian Albergo

    “Business divorces” can be emotionally charged events that present challenging legal issues. Eliciting certain basic information at the outset is critical to counseling the client effectively. Without this threshold information, it is difficult to set out a clear or well-planned exit strategy, says Damian Albergo of Cole Schotz PC.

  • Alternative Fees: My Experience At Bartlit Beck

    J.B. Heaton

    Bartlit Beck was a wonderful place to work for 18 years, and the lawyers there are not only excellent attorneys but also great people. That said, I can look analytically at the Bartlit Beck fee model and make some observations on its pros and cons, says J.B. Heaton, founder of investment analytics company Conjecture LLC.

  • Opinion

    Jurors Should Have An Active Role In Trials

    Judge Amos Mazzant III

    We tell jurors how important they are to the successful implementation of our judicial system, but oftentimes we don’t treat them with the reverence they deserve. U.S. District Judge Amos Mazzant III of the Eastern District of Texas, Lisa Blue of Baron and Blue, and Robert Hirschhorn of Cathy E. Bennett & Associates advocate three improvements to give jurors an active role in our civil and criminal jury trials.

  • Why Information Governance Is More Important Than Ever

    Linda Sharp

    It used to be that hiring a good law firm was the single most important thing a company could do when facing litigation. You could now make the case that an organization’s most powerful asset in prosecuting or defending a claim is its information, says Linda Sharp, associate general counsel of ZL Technologies and chair of the ACC Information Governance Committee.

  • Opinion

    BigLaw Is Behind The Automation Curve

    Michael Moradzadeh

    In its new report on the effects of automation in the workplace, McKinsey Global Institute identifies lawyers as less susceptible to the sort of automation that could put one-third of American workers out of a career by 2030. This may seem reassuring, but it doesn't mean automation won't disrupt our bottom line, says Michael Moradzadeh of Rimon PC.

  • 10 Tips For Managing Litigation Risk In Sell-Side M&A

    John Pollack

    While it is important to focus on “getting the deal done,” a seller should also take into account and plan for potential deal litigation. For a public company contemplating a sale-of-control transaction, shareholder litigation is very likely, say attorneys with Gibson Dunn & Crutcher LLP.

  • What To Make Of CVS-Aetna And Other Megadeals

    Randy Gordon

    Under one view, large-scale mergers like the one proposed between CVS and Aetna are fine so long as they don’t restrict consumer choices and stifle innovation. But from another view, “bigness” can be an evil in its own right, says Randy Gordon of Crowe & Dunlevy PC.

  • Series

    Judging A Book: Cooke Reviews 'Constance Baker Motley'

    Judge Marcia Cooke

    Gary Ford's new book, "Constance Baker Motley: One Woman’s Fight for Civil Rights and Equal Justice Under Law," is more than a biography of the first African-American woman to become a federal judge. It presents in vivid detail how her work altered the legal landscape of the United States, says U.S. District Judge Marcia Cooke of the Southern District of Florida.

  • Keeping Your Law Library Relevant In The Age Of Google

    Donna Terjesen

    Google’s status as a go-to research tool has transformed legal research habits, leading critics to view law libraries as cost centers. Law firms should embrace Google-style research tools and manage costs efficiently in order to position their libraries as valuable assets for years to come, says Donna Terjesen of HBR Consulting.

  • 6 Things You Need To Know About Millennial Jurors

    Zachary Martin

    Millennials are now the largest living generation and comprise one-third of jurors. While it is impossible to generalize a group so large and diverse, trial lawyers should be mindful of certain generational differences, say baby boomer Lee Hollis and millennial Zachary Martin of Lightfoot Franklin & White LLC.