Mergers & Acquisitions

  • December 18, 2025

    Unions Come Out Against Rail Giants' $85B Merger

    Two Teamsters unions representing a majority of organized workers at Norfolk Southern and Union Pacific came out in opposition this week to the companies' proposed $85 billion merger, arguing the deal would strangle railroads' competitive angle and drive down safety standards.

  • December 18, 2025

    Dems Urge Scrutiny Of AT&T, SpaceX Spectrum Deals

    Congressional Democrats are pushing Trump administration officials to further scrutinize AT&T and SpaceX's plans to obtain wireless spectrum licenses from the telecommunications company EchoStar.

  • December 18, 2025

    Latham, Debevoise Steer Howard Hughes' $2.1B Vantage Buy

    Texas-based Howard Hughes Holdings Inc., led by Latham & Watkins LLP, on Thursday announced plans to acquire private equity-backed specialty insurance and reinsurance company Vantage Group Holdings Ltd., advised by Debevoise & Plimpton LLP, in a $2.1 billion deal.

  • December 18, 2025

    $3.6B Hogan Lovells, Cadwalader Deal To Form Top 5 Firm

    Hogan Lovells and Cadwalader Wickersham & Taft are planning to combine, creating what the firms say will be the world's fifth-largest firm by revenue, they announced Thursday.

  • December 18, 2025

    Qualcomm Completes $2.4B Alphawave IP Acquisition

    British semiconductor technology company Alphawave IP Group PLC said Thursday that the court-backed scheme for its $2.4 billion takeover by U.S. tech giant Qualcomm Inc. has become effective.

  • December 18, 2025

    Trump Media Combining With TAE In $6B Nuclear Fusion Deal

    Trump Media and Technology Group said Thursday it has agreed to merge with TAE Technologies, a privately held fusion power company, in an all-stock deal valued at $6 billion that would create one of the first publicly traded fusion energy companies.

  • December 17, 2025

    Lawmakers Raise Concerns Over Nexstar's $6.2B Tegna Deal

    A group of Democratic lawmakers has urged federal enforcers to closely scrutinize Nexstar Media Group Inc.'s planned $6.2 billion purchase of rival broadcast company Tegna Inc. and to block the deal if they find it violates the law.

  • December 17, 2025

    2 Firms Guide $192M Northern California Bank Merger

    Northern California's Community West Bank and United Security Bank on Wednesday announced plans to merge by the middle of next year in a $192 million deal guided by Otteson Shapiro LLP and Stuart Moore Staub.

  • December 17, 2025

    10th Circ. Panel Restores $2.9M FINRA Award Against Adviser

    A Tenth Circuit panel on Wednesday reinstated a $2.9 million Financial Industry Regulatory Authority arbitration award against a financial adviser who allegedly undermined a firm she worked for, ruling that she waived any objections she had to arbitrating with the plaintiffs before FINRA.

  • December 17, 2025

    Chancery OKs $10M Fat Brands Settlement, Defers Fees

    A judge in the Delaware Chancery Court on Wednesday approved a proposed settlement resolving two long-running shareholder derivative suits against Fat Brands Inc. and its controlling stockholder, finding that the deal delivers immediate cash, targeted governance reforms and a realistic recovery in light of substantial litigation and collectibility risks, while reserving judgment on a disputed request for attorney fees.

  • December 17, 2025

    Coursera, Udemy Merging Into $2.5B Online Education Co.

    Online education company Coursera said Wednesday it has agreed to buy rival Udemy in an all-stock deal valuing the combined company at about $2.5 billion, as the firms look to scale their platforms amid rising demand for job-ready skills driven by artificial intelligence.

  • December 17, 2025

    Hogan Lovells-Led Twins Add Investors, Keep Family Control

    The Minnesota Twins, counseled by Hogan Lovells, announced three new minority investors on Wednesday, including the owner of the market's NHL franchise, four months after the Pohlad family called off plans to sell the MLB team.

  • December 17, 2025

    DOJ Says Live Nation Can't Avoid Jury In Antitrust Case

    The Justice Department wants a New York federal judge to force Live Nation to face a jury next year on allegations it bought, coerced and leveraged its way to live performance dominance, arguing in a newly unsealed brief that there are too many factual disputes to upstage the lawsuit.

  • December 17, 2025

    Air Taxi Co. Settles SPAC Merger Price Suit For $17.75M

    Stockholders of former air transport venture Blade Air Mobility Inc. have agreed to settle for $17.75 million a Delaware Chancery Court stockholder derivative suit accusing an officer and controlling investors of breaching their fiduciary duties in a take-public deal via a special purpose acquisition company.

  • December 17, 2025

    UWM Nabs MSR-Focused REIT In $1.3B All-Stock Deal

    Greenberg Traurig-advised mortgage lender UWM Holdings Corp. on Wednesday unveiled plans to acquire mortgage servicing rights-focused REIT Two Harbors Investment Corp., led by Jones Day, in an all-stock deal that boasts an equity value of $1.3 billion.

  • December 17, 2025

    Edinburgh Trust Urges Shareholders To Nix Board Takeover Bid

    British investment company Edinburgh Worldwide on Wednesday urged its shareholders to vote against proposals made by its biggest shareholder Saba Capital to revamp its board, in what it called an attempt to "take control on the cheap."

  • December 17, 2025

    Blackstone Seals $5B Partnership With Israeli Asset Manager

    Israel-based asset management and insurance company Phoenix Financial on Wednesday announced that it has entered into a strategic partnership with Simpson Thacher & Bartlett LLP-led private equity giant Blackstone under which the Israeli firm will invest up to $5 billion across a range of credit strategies.

  • December 17, 2025

    Diageo To Exit Kenya In $2.3B Deal With Asahi

    Guinness owner Diageo said Wednesday that it has agreed to sell its Kenyan subsidiary to Japanese rival Asahi in a $2.3 billion deal, marking its exit from the East African country.

  • December 17, 2025

    Warner Bros. Board Rejects 'Inferior' Paramount Bid

    Warner Bros. Discovery Inc. said Wednesday that its board has determined Paramount Skydance Corp.'s $108.4 billion hostile offer is not a "superior proposal" to the company's pending $82.7 billion agreement with Netflix. 

  • December 17, 2025

    Finance Co. Gets Extra Time To Make £523M UK Credit Biz Bid

    Britain's merger regulator has extended the deadline of U.S. finance group BasePoint Capital LLC to table a £523 million ($697 million) bid for International Personal Finance PLC, the U.K. credit provider said Wednesday.

  • December 17, 2025

    Greencore's £1.2B Bakkavor Deal To Complete After CMA OK

    Irish food manufacturer Greencore said Wednesday that it expects its £1.2 billion ($1.6 billion) acquisition of rival Bakkavor to complete in January after the U.K.'s competition authority abandoned its probe amid antitrust fixes proposed by the sides.

  • December 16, 2025

    Judge Skeptical Of Trump-Tied SPAC's Defense In SEC Suit

    A former Trump business associate appeared unlikely to win early dismissal of a U.S. Securities and Exchange Commission suit accusing him of hiding advanced merger discussions with the president's media company from SPAC investors in 2021, as a federal judge wondered Tuesday how the talks could be considered immaterial.

  • December 16, 2025

    Va. Judge Advances Most Claims In Stelara Antitrust Case

    A Virginia federal judge has allowed health insurer CareFirst's anticompetition and patent fraud claims against Johnson & Johnson to move forward in a case alleging anticompetitive behavior in relation to the immunosuppressive drug Stelara, while letting the pharmaceutical giant escape some claims of misrepresentation.

  • December 16, 2025

    The Most Important Healthcare And Life Science Deals Of 2025

    Attorneys taking stock of 2025 spoke to Law360 about the most important deals of the year, including Pfizer’s high-profile acquisition of Metsera and transactions in outpatient services and gene therapy.

  • December 16, 2025

    Trends That Shaped Healthcare Dealmaking In 2025

    With 2025 coming to a close, Law360 Healthcare Authority asked attorneys focused on healthcare deals for their take on the trends that influenced dealmaking over the last 12 months.

Expert Analysis

  • Recent Proposals May Spell Supervision Overhaul For Banks

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    A slew of rules recently proposed by the federal banking agencies with approaching comment deadlines would rewrite supervision standards to be further tailored to banks' size and activities, while prioritizing financial risks over process, documentation and other nonfinancial risks, say attorneys at Davis Wright.

  • AI Evidence Rule Tweaks Encourage Judicial Guardrails

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    Recent additions to a committee note on proposed Rule of Evidence 707 — governing evidence generated by artificial intelligence — seek to mitigate potential dangers that may arise once machine outputs are introduced at trial, encouraging judges to perform critical gatekeeping functions, say attorneys at Lankler Siffert & Wohl.

  • Series

    The Law Firm Merger Diaries: Getting The Message Across

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    Communications and brand strategy during a law firm merger represent a crucial thread that runs through every stage of a combination and should include clear messaging, leverage modern marketing tools and embrace the chance to evolve, says Ashley Horne at Womble Bond.

  • Opinion

    Horizontal Stare Decisis Should Not Be Casually Discarded

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    Eliminating the so-called law of the circuit doctrine — as recently proposed by a Fifth Circuit judge, echoing Justice Neil Gorsuch’s concurrence in Loper Bright — would undermine public confidence in the judiciary’s independence and create costly uncertainty for litigants, says Lawrence Bluestone at Genova Burns.

  • 10 Commandments For Agentic AI Tools In The Legal Industry

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    Though agentic artificial intelligence has demonstrated significant promise for optimizing legal work, it presents numerous risks, so specific ethical obligations should be built into the knowledge base of every agentic AI tool used in the legal industry, says Steven Cordero at Akerman LLP.

  • Series

    Preaching Makes Me A Better Lawyer

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    Becoming a Gospel preacher has enhanced my success as a trial lawyer by teaching me the importance of credibility, relatability, persuasiveness and thorough preparation for my congregants, the same skills needed with judges and juries in the courtroom, says Reginald Harris at Stinson.

  • FTC Focus: Amazon's $2.5B Pact Broadens Regulatory Span

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    Amazon's $2.5 billion deal with the Federal Trade Commission offers takeaways for counsel managing risk across both consumer protection and competition portfolios, including that design strategies once evaluated solely for conversion may now be scrutinized for their competitive effects, say attorneys at Proskauer.

  • Series

    Law School's Missed Lessons: Practicing Client-Led Litigation

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    New litigators can better help their corporate clients achieve their overall objectives when they move beyond simply fighting for legal victory to a client-led approach that resolves the legal dispute while balancing the company's competing out-of-court priorities, says Chelsea Ireland at Cohen Ziffer.

  • Meta Monopoly Ruling Highlights Limits Of Market Definition

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    A D.C. federal court's recent ruling that Meta is not monopolizing social media raises questions, such as why market definition matters and whether we have the correct model of competition, which can aid in making a stronger case against tech companies, says Shubha Ghosh at the Syracuse University College of Law.

  • Series

    The Law Firm Merger Diaries: How To Build On Cultural Fit

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    Law firm mergers should start with people, then move to strategy: A two-level screening that puts finding a cultural fit at the pinnacle of the process can unearth shared values that are instrumental to deciding to move forward with a combination, says Matthew Madsen at Harrison.

  • The Future Of Digital Asset Oversight May Rest With OCC

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    How the Office of the Comptroller of the Currency handles fintechs' growing interest in national trust bank charters, demonstrated by a jump in filings this year, will determine how far the federal banking system extends to digital assets, and whether the charter becomes a mainstream supervisory pathway, say attorneys at Sheppard Mullin.

  • Considerations When Invoking The Common-Interest Privilege

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    To successfully leverage the common-interest doctrine in a multiparty transaction or complex litigation, practitioners should be able to demonstrate that the parties intended for it to apply, that an underlying privilege like attorney-client has attached, and guard against disclosures that could waive privilege and defeat its purpose, say attorneys at DLA Piper.

  • Series

    The Law Firm Merger Diaries: Making The Case To Combine

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    When making the decision to merge, law firm leaders must factor in strategic alignment, cultural compatibility and leadership commitment in order to build a compelling case for combining firms to achieve shared goals and long-term success, says Kevin McLaughlin at UB Greensfelder.

  • 5 Bonus Plan Compliance Issues In Financial Services

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    As several legal constraints — including a new California debt repayment law taking effect in January — tighten around employment practices in the fiercely competitive financial services sector, the importance of compliant, well-drafted bonus plans has never been greater, say attorneys at Jackson Lewis.

  • Opinion

    Despite Deputy AG Remarks, DOJ Can't Sideline DC Bar

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    Deputy Attorney General Todd Blanche’s recent suggestion that the D.C. Bar would be prevented from reviewing misconduct complaints about U.S. Department of Justice attorneys runs contrary to federal statutes, local rules and decades of case law, and sends the troubling message that federal prosecutors are subject to different rules, say attorneys at HWG.

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