Mergers & Acquisitions

  • August 27, 2026

    First Financial Corp. Buying First Illinois In $111.3M Deal

    First Financial Corp. has agreed to buy First Illinois Corp., the parent company of Hickory Point Bank and Trust, for about $111.3 million in cash and stock, expanding the Indiana-based bank's presence in central Illinois, the companies said Thursday.

  • August 27, 2026

    UEFA Eyes Criminal Case Over Abandoned World Cup Sale

    European soccer's governing body is asking a Florida federal court for access to documents that may build its criminal case against FIFA's now-abandoned plans to sell off the commercial rights to the World Cup tournament.

  • August 27, 2026

    Dems Want DOJ, FTC To Look At Sysco's $29B Jetro Buy

    Two Democratic lawmakers called on the U.S. Department of Justice and the Federal Trade Commission on Wednesday to closely inspect Sysco Corp.'s plans to buy competitor Restaurant Depot LLC aka Jetro Restaurant Depot at a total enterprise value of $29.1 billion, warning in a letter the transaction could hurt independent restaurants, farmers and Americans who "are already facing an affordability crisis."

  • August 27, 2026

    Jeanie Buss Says Siblings' Lakers Sale Defies Court Order

    Lakers controlling owner Jeanie Buss petitioned a California state court to halt efforts by her five siblings to sell the family's 17.8% share of the NBA franchise, saying the purported sale violates a 2017 court order that they take all reasonable steps to ensure she remains as the team's leader.

  • August 27, 2026

    Satellite Comms Biz To Go Public Via $1B SPAC Merger

    Satellite communications company Astrum Space Inc. on Thursday revealed plans to go public by merging with special purpose acquisition company Black Spade Acquisition III Co. in a deal that gives Astrum an equity value of roughly $1 billion.

  • August 27, 2026

    Silver Lake Urges Chancery To Toss $1.7B Zuora Deal Suit

    Silver Lake Group LLC and Zuora Inc. founder Tien Tzuo urged the Delaware Chancery Court on Thursday to throw out a stockholder suit challenging their $1.7 billion take-private deal, arguing the sale was protected by an independent special committee and an informed stockholder vote.

  • August 27, 2026

    Apollo, KKR Partner With Atlantic Aviation At $10B Valuation

    Private equity giants KKR, advised by Kirkland & Ellis LLP, and Apollo, led by Paul Weiss Rifkind Wharton & Garrison LLP, on Thursday unveiled a strategic partnership to support the growth of private aviation infrastructure platform Atlantic Aviation in a deal that values the company at close to $10 billion.

  • August 27, 2026

    SoftBank Weighs Big Bet On Humanoid Maker, And More

    SoftBank is looking to acquire a majority stake in humanoid robotics developer 1X Technologies at a $6 billion valuation, investment bankers are shopping Warner Bros. Discovery assets around as Paramount Skydance seeks potential remedies in its effort to complete its $110 billion acquisition of the media company, and Vanguard Group is set to acquire fintech platform Altruist for around $4 billion.

  • August 27, 2026

    3 Firms Lead Swedish Miner's $1.3B Deal For 65% Nexa Stake

    Swedish mining and smelting company Boliden said it has agreed to acquire an approximately 65% stake in zinc and silver miner Nexa Resources SA for $1.31 billion to expand its presence in two important mining jurisdictions in Latin America.

  • August 26, 2026

    KKR To Pay 'Record' $250M To End DOJ Merger Notice Suit

    KKR & Co. has agreed to pay a $250 million civil penalty to resolve allegations that it hid key documentation and entire transactions for merger notification, the U.S. Department of Justice announced Wednesday, calling it the largest-ever penalty for repeat violations of the Hart-Scott-Rodino Act.

  • August 26, 2026

    Iowa, Montana Ask Justices To Stop Paramount Merger Case

    Iowa and Montana are asking the U.S. Supreme Court to stop California and other state enforcers from challenging Paramount Skydance Corp.'s planned purchase of Warner Bros. Discovery, calling the effort "a partisan enforcement action" that targets a procompetitive deal.

  • August 26, 2026

    3 Firms Steer Enbridge's $600M Crude Oil Assets Buy

    Crude oil company Enbridge, advised by Sidley Austin LLP and Sullivan & Cromwell LLP, on Wednesday unveiled plans to acquire Kirkland & Ellis LLP-led Salt Creek Midstream's oil gathering business in a $600 million deal.

  • August 26, 2026

    Dodgers, Lakers Owner Denies $12.5B Deal Is 'Fire Sale'

    TWG Global, the company that owns the Los Angeles Lakers and Dodgers, on Wednesday blasted "attacks" it has faced from "unnamed sources" in the news media over federal probes into its insurance holdings, saying its affiliated transactions are legitimate and a $12.5 billion planned sale of the Lakers is "no fire sale."

  • August 26, 2026

    3 Firms Guide Victory Capital's $7B First Eagle Buy

    Asset manager Victory Capital Holdings on Wednesday revealed that it has agreed to acquire independent asset manager First Eagle Investments from Genstar Capital and First Eagle employees for roughly $7 billion in a deal built by three law firms.

  • August 26, 2026

    Huntsman Investor Seeks Merger Records Over CEO Role

    A Huntsman Corp. stockholder has sued the chemical manufacturer in the Delaware Chancery Court seeking internal records about its planned merger with Olin Corp., alleging the deal may have been shaped by conflicts involving Huntsman's chief executive and may shortchange investors.

  • August 26, 2026

    Optics Co.'s £346M Sale Wins Investor Backing At Meetings

    Optics technology provider Gooch & Housego said Wednesday that most of its shareholders have approved its proposed acquisition by U.S. private equity company Arlington Capital, in a deal valuing the provider at around £346 million ($470 million).

  • August 26, 2026

    Norton Rose Tags Mintz Sports Chair As NY Head Of PE

    The former chair of Mintz Levin Cohn Ferris Glovsky and Popeo PC's sports and entertainment practice has joined Norton Rose Fulbright as U.S. head of sports capital and transactions and New York head of private equity, the firm announced Wednesday.

  • August 26, 2026

    Volato Group Inks $500M AI Infrastructure Merger Deal

    Atlanta, Georgia-based Volato Group plans to shift its business focus from aviation-focused artificial intelligence software to AI infrastructure as part of a merger with Alignment Engine Inc. valuing the Ohio-based company at $500 million.

  • August 26, 2026

    CMA To Probe Cash Management Co.'s $6.6B Buy Of ATM Biz

    The U.K.'s antitrust regulator said Wednesday that it is launching a formal investigation into the $6.6 billion proposed acquisition of NCR Atleos Corp. by The Brink's Co. to determine whether the deal will harm competition in the country.

  • August 26, 2026

    Papermakers' €1.4B JV Plan Faces EU Competition Pushback

    The European Commission said Wednesday that a proposed €1.42 billion ($1.65 billion) joint venture between paper manufacturers UPM and Sappi could reduce competition in markets for making print materials such as magazines and books.

  • August 25, 2026

    Ex-OCC Counsel Joins Clark Hill's Banking Practice

    Clark Hill PLC has expanded its financial services regulatory roster with the addition of a longtime member of the Office of the Comptroller of the Currency's law department who advised on bank exam issues, appellate litigation and corporate applications at the national bank regulator.

  • August 25, 2026

    DC Circ. Won't Revive Standard General's FCC Bias Suit

    The D.C. Circuit does not believe that the Federal Communications Commission took part in a racist conspiracy to kill Standard General hedge fund manager Soo Kim's $8.6 billion merger with broadcaster Tegna and has affirmed the dismissal of his lawsuit claiming such.

  • August 25, 2026

    Del. Justices Say SPAC Proxy Claims Came Too Late

    The Delaware Supreme Court on Tuesday affirmed the dismissal of a special purpose acquisition company suit seeking damages tied to a $1.4 billion deal with an autonomous vehicle software provider, finding the plaintiff waited too long to sue.

  • August 25, 2026

    Dolphin Co.'s Ex-CEO Opposes Sale Of JV Stake In Ch. 11

    The ex-CEO of the bankrupt parent company of wildlife adventure business The Dolphin Co. and former board members have objected to a $2 million sale of a majority stake in a Mexican park joint venture, saying it is being proposed without testing the value of the asset through an auction.

  • August 25, 2026

    2 Firms Guide Windjammer's $350M Smart Parking Co. Sale

    Private equity investor Windjammer Capital will sell its smart parking infrastructure company IPS Group Inc. to online commerce platform Nayax Ltd. in a $350 million all-cash, no-debt sale guided by Kirkland & Ellis LLP and Reed Smith LLP, Windjammer and Nayax announced Tuesday.

Expert Analysis

  • Shifts At DOJ Alter Corporate Self-Disclosure Calculus

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    Though the Justice Department's new criminal enforcement policy clarifies the benefits of corporate self-disclosure, recent changes to prosecutorial priorities and resources mean that companies should reassess whether cooperation incentives still outweigh the risks of nondisclosure, says Hui Chen at CDE Advisors.

  • Series

    Law School's Missed Lessons: How To Draft Pleadings

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    Most law school graduates step into their first jobs without ever having drafted a complaint, answer, motion or other type of pleading, but that gap can be closed by understanding the strategy embedded in every filing, writing with clarity and purpose, and seeking feedback at every step, says Eric Yakaitis at Haug Barron.

  • Evaluating Congressional Investigation Risk In Deal Diligence

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    Given the increasing frequency and sophistication of congressional investigations into corporate business practices, companies conducting transactional due diligence should add procedures to assess and mitigate the unique challenges and wide-ranging risks that can arise from Capitol Hill’s scrutiny, say attorneys at Covington.

  • E-Discovery Quarterly: Recent Rulings On ESI Control

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    Several recent federal court decisions have perpetuated a split over what constitutes “control” of electronically stored information — with judges divided on whether the standard should turn on a party's legal right or practical ability to obtain the information, say attorneys at Sidley.

  • The Challenge Of Stabilizing Rural Hospitals On The Brink

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    The outlook for rural hospitals has grown more concerning, as recent policy and regulatory developments are decreasing hospital revenues and increasing the cost of uncompensated care, which may result in additional hospital closures, service reductions, or mergers and acquisitions, say Omur Celmanbet, Kristy Piccinini and Sabiha Quddus at FTI Consulting.

  • Del. Ruling Shows Power Of Postclose Governance Provisions

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    After the Delaware Court of Chancery reinstated a target company's CEO as part of the equitable remedy in Fortis Advisors v. Krafton, deal parties should emphasize the importance of postclosing governance provisions to earnout economics, knowing that they will have to live with these provisions for the duration of the earnout period, say attorneys at Sidley.

  • Employer Considerations After FTC's Noncompete Warning

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    In light of Federal Trade Commission leadership's recent message that the agency remains committed to challenging noncompetes that operate as restraints of trade, employers should take several practical steps in order to reduce regulatory risk, including auditing existing agreements and narrowing restrictions, says Christopher Pickett at UB Greensfelder.

  • 2 Discovery Rulings Break With Heppner On AI Privilege Issue

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    While a New York federal court’s recent ruling in U.S. v. Heppner suggests that some litigants’ communications with AI tools are discoverable, two other recent federal court decisions demonstrate that such interactions generally qualify for work-product protection under the Federal Rules of Civil Procedure, says Joshua Dunn at Brown Rudnick.

  • Series

    Isshin-Ryu Karate Makes Me A Better Lawyer

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    My involvement in martial arts, specifically Isshin-ryu, which has principles rooted in the eight codes of karate, has been one of the most foundational in the development of my personality, and particularly my approach to challenges — including in my practice of law, says Kaitlyn Stone at Barnes & Thornburg.

  • Opinion

    State Bars Need To Get Specific About AI Confidentiality

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    Lawyers need to put actual client information into artificial intelligence tools to get their full value, but they cannot confidently do so until state bars offer clear, formal authority on which plan tiers of the three most popular generative AI tools are safe to use when sharing specific client details, says attorney Nick Berk.

  • Series

    Alpine Skiing Makes Me A Better Lawyer

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    Skiing has shaped habits I rely on daily as an attorney — focus, resilience and the ability to remain steady when circumstances shift rapidly — and influences the way I approach legal strategy, client counseling and teamwork, says Isaku Begert at Marshall Gerstein.

  • Senior Housing Demands A Distinct Dealmaking Playbook

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    An aging population and evolving state regulations underscore a critical reality that senior housing assets can undergo operational or compliance shifts during dealmaking, highlighting the need for unique contractual safeguards like expanded disclosures, anchored notice obligations, and targeted closing conditions and remedies, say attorneys at Goodwin.

  • Seeking A Policy Fix As Merger Reporting Fight Continues

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    A recently announced request by the Federal Trade Commission and U.S. Department of Justice for public comment on the Hart-Scott-Rodino premerger reporting requirements, as litigation challenging the commission's updated requirements continues, suggests the government's willingness to address how best to support modern merger enforcement without unduly burdening filing parties, say attorneys at Baker Botts.

  • 2 Rulings Poke Holes In Mandatory Restitution Framework

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    The U.S. Supreme Court’s recent ruling in Ellingburg v. U.S., as well as the Third Circuit’s recent ruling in U.S. v. Abrams, provide criminal defense practitioners with new tools to challenge Mandatory Victims Restitution Act orders, and highlight several restitution-related issues that converged in the recent prosecution of former Frank CEO Charlie Javice, say attorneys at Lankler Siffert & Wohl.

  • What A Court Doc Audit Reveals About Erroneous Filings

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    My audit of 1,522 court documents from last month found that over 95% contained at least one verifiable error, with fewer than 1% showing clear indicators of artificial intelligence use — highlighting above all else that lawyers may want to focus most on strengthening their review processes, says Elliott Ash at ETH Zurich.

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