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Mergers & Acquisitions
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August 26, 2025
PE Firm Escapes Patients' Anesthesia Antitrust Claims
A Texas federal court tossed claims against Welsh Carson Anderson & Stowe from a proposed class of patients accusing the private equity firm of monopolizing the anesthesiology market through a series of acquisitions, but let claims against a company it formed proceed.
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August 26, 2025
Joy Dish Soap Maker Scrubs $12M Suit Against Conn. PE Firm
The Michigan company that formerly manufactured Joy Dish Soap is scrubbing two of its lawsuits against a Connecticut private equity firm, Piney Lake Capital Management LP, that claimed the latter soiled a deal to produce the soap after purchasing the brand from Procter & Gamble.
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August 26, 2025
Wash. Panel Nixes $5.5M Judgment In Asbestos Cancer Suit
A Washington appeals panel has thrown out a $5.5 million judgment against Hardie-Tynes Co. Inc. in a suit alleging its predecessor's products contained asbestos that gave a former Navy worker mesothelioma, saying there's no successor liability where the new company did not make products containing the same dangerous substance.
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August 26, 2025
Skechers Investor Sues For Docs In $9.4B Take-Private Deal
Skechers faces a lawsuit in Delaware's Court of Chancery from a company stockholder seeking access to corporate records over concerns that 3G Capital's $9.4 billion deal to take the footwear giant private would unfairly give Skechers' founders a "substantial equity stake" and continued leadership roles in the surviving company.
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August 26, 2025
Pioneer Health Objects To Banker's Ch. 11 Fee Application
Clinic operator Pioneer Health Systems LLC, which had its Chapter 11 plan confirmed late last year, objected to a $500,000 fee application from a firm that had acted as its investment banker, saying the payout hinged on a sale Pioneer never fully carried out.
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August 26, 2025
HPE's Trump-Tied Lobbyists Cast 'Pall' Over Merger Review
The firing of two senior officials in the U.S. Department of Justice's Antitrust Division who complained after being forced to accept a merger clearance settlement has caused many practitioners to question whether the traditional separation between competition enforcement and other White House priorities is a thing of the past.
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August 26, 2025
Legal Funding Firm Cartiga To Go Public Via $540M SPAC Deal
Blank check company Alchemy Investments Acquisition Corp. 1, led by Loeb & Loeb LLP, has announced plans to acquire and take public legal-focused asset management platform Cartiga LLC, advised by Nelson Mullins Riley & Scarborough LLP, in a $540 million deal.
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August 26, 2025
White & Case-Led EchoStar Sells Spectrum To AT&T For $23B
Telecommunications company EchoStar, advised by White & Case LLP, on Tuesday unveiled plans to sell certain wireless spectrum licenses to AT&T in a $23 billion all-cash deal.
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August 26, 2025
Dick's Sporting Goods Gets $2.4B Foot Locker Deal Cleared
Dick's Sporting Goods Inc. said Tuesday that the waiting period has expired for its planned $2.4 billion purchase of Foot Locker, after it had previously given the Federal Trade Commission additional time to review the deal.
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August 26, 2025
Wood Group Backs Reduced Sidara Bid, Grants Extension
Scottish engineering consultancy Wood Group said Monday that it has granted its Asian rival Sidara more time to make a formal offer, and that it will be "minded to" accept a reduced offer of approximately £207.5 million ($280 million).
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August 26, 2025
Trump Media, SPAC And Crypto.com Create $6.42B Crypto Biz
Blank check company Yorkville Acquisition Corp., Truth Social operator Trump Media & Technology Group Corp. and Crypto.com unveiled a partnership Tuesday that would establish a $6.42 billion digital asset treasury company focused on the acquisition of the native cryptocurrency token of the cronos ecosystem.
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August 26, 2025
Buchalter Adds Ex-Carlton Fields Attys To LA Office
Buchalter has hired two former Carlton Fields attorneys as shareholders for its corporate team in Los Angeles, and one of the announced hires is returning to the firm after almost 30 years.
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August 25, 2025
Kong Toy Co. Owners Clash Over Alleged Deal Violations
Five attorneys traded accusations of secret power plays and cash grabs Monday at the start of the bench trial in Colorado state court between the co-owners of the dog toy maker Kong Co. LLC.
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August 25, 2025
Cooley, Latham Lead $360M ScPharmaceuticals Acquisition
Cooley LLP-advised biopharmaceutical company MannKind on Monday unveiled plans to buy scPharmaceuticals, led by Latham & Watkins LLP, for up to $360 million.
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August 25, 2025
Troutman Adds Ex-Medallion Midstream GC To Energy Team
Troutman Pepper Locke LLP has added the former general counsel of Medallion Midstream LLC — which was acquired for $2.6 billion last year — to its Dallas office, strengthening the firm's energy transactional practice with an energy attorney who has two decades of legal experience, the firm announced Monday.
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August 25, 2025
AbbVie Nabs Depression Drug From Gilgamesh In $1.2B Deal
Covington & Burling LLP-advised biotech company AbbVie on Monday announced plans to acquire Ropes & Gray LLP-led Gilgamesh Pharmaceuticals' lead investigational candidate, which targets the treatment of patients with moderate to severe major depressive disorder, for up to $1.2 billion.
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August 25, 2025
3 Firms Advise On Crescent's $3.1B Vital Energy Acquisition
Crescent Energy Co. will acquire Vital Energy Inc. in an all-stock transaction valued at approximately $3.1 billion, including Vital's net debt, the companies said Monday, with three law firms advising on the transaction.
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August 25, 2025
Davis Polk Picks Up White & Case Finance Atty In Calif.
Davis Polk & Wardwell LLP announced Monday that it has added a former White & Case LLP debt finance partner to its Northern California office.
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August 25, 2025
Jones Day, Kirkland Steer Thoma Bravo's $2B Verint Buy
Software investing giant Thoma Bravo, led by Kirkland & Ellis LLP, announced plans on Monday to acquire customer experience software company Verint Systems Inc., led by Jones Day, in an all-cash deal valued at $2 billion, and then merge Verint with its current portfolio company Calabrio.
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August 25, 2025
3 Firms Steer $18.4B Keurig Dr Pepper, JDE Peet's Coffee Deal
Keurig Dr Pepper will acquire JDE Peet's in an approximately $18.4 billion deal that aims to create a "global coffee champion" through the combination of the Keurig brand single-serve coffee platform and JDE Peet's coffees, the companies announced Monday, with three law firms guiding the transaction.
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August 22, 2025
Intel Says US Will Take 10% Stake In Business
Intel Corp. announced Friday that it has reached an agreement with the Trump administration for the U.S. government to acquire a 10% stake in its business in exchange for $8.9 billion in previously awarded grants, a move the company says will help it expand the American semiconductor industry.
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August 22, 2025
Groups Say T-Mobile-UScellular Deal Needed Full FCC Vote
Three telecom groups are not pleased with the FCC's decision to delegate to an agency bureau the responsibility of approving the license transfers T-Mobile needed to complete its $4.4 billion acquisition of UScellular wireless operations, calling it an "error of law."
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August 22, 2025
DLA Piper Boosts VC Practice With Goodwin Atty In NY
DLA Piper has added a longtime Goodwin Procter LLP partner to its emerging growth and venture capital practice in New York, the firm announced.
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August 22, 2025
General Atlantic Plugs $115M Into Brazilian Software Biz
Brazilian software provider Starian on Friday revealed that it has secured more than $115 million in strategic funding from investing giant General Atlantic.
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August 22, 2025
Taxation With Representation: Kirkland, Weil, Fried Frank
In this week's Taxation With Representation, private equity firm Thoma Bravo buys human resources software provider Dayforce Inc. in a take-private deal, Lowe's buys Foundation Building Materials, Nexstar Media Group Inc. acquires fellow media company Tegna Inc., and Soho House & Co. Inc. inks a take-private deal with hotel operator MCR.
Expert Analysis
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SEC Confidential Review Process Provides Issuers Flexibility
The U.S. Securities and Exchange Commission's recently announced enhancements to the process for confidentially submitting draft registration statements will be immediately impactful for issuers seeking to access the public capital markets, and should provide more grounds to explore and plan public offerings, say attorneys at Lowenstein Sandler.
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Series
Birding Makes Me A Better Lawyer
Observing and documenting birds in their natural habitats fosters patience, sharpens observational skills and provides moments of pure wonder — qualities that foster personal growth and enrich my legal career, says Allison Raley at Arnall Golden.
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How Del. Law Rework Limits Corporate Records Requests
Newly enacted amendments to a section of the Delaware General Corporation Law that allows stockholders and beneficial owners to demand inspection of Delaware corporations' books and records likely curtails the scope of such inspections and aids defendants in framing motions to dismiss at the pleading stage, says Jonathan Richman at Brown Rudnick.
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Series
Adapting To Private Practice: From DOJ Leadership To BigLaw
The move from government service to private practice can feel like changing one’s identity, but as someone who has left the U.S. Department of Justice twice, I’ve learned that a successful transition requires patience, effort and the realization that the rewards of practicing law don’t come from one particular position, says Richard Donoghue at Pillsbury.
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Issues To Watch At ABA's Antitrust Spring Meeting
Attorneys at Freshfields consider the future of antitrust law and competition enforcement amid agency leadership changes and other emerging developments likely to dominate discussion at the American Bar Association's Antitrust Spring Meeting this week.
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Law Firm Executive Orders Create A Legal Ethics Minefield
Recent executive orders targeting BigLaw firms create ethical dilemmas — and raise the specter of civil or criminal liability — for the government attorneys tasked with implementing them and for the law firms that choose to make agreements with the administration, say attorneys at Buchalter.
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Firms Must Embrace Alternative Billing Models Or Fall Behind
As artificial intelligence tools eliminate inefficiencies and the Big Four accounting firms enter the legal market, law firms that pivot from the entrenched billable hour model to outcomes-based pricing will see a distinct competitive advantage, says attorney William Brewer.
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How Attorneys Can Master The Art Of On-Camera Presence
As attorneys are increasingly presented with on-camera opportunities, they can adapt their traditional legal skills for video contexts — such as virtual client meetings, marketing content or media interviews — by understanding the medium and making intentional adjustments, says Kerry Barrett.
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Justices' TikTok Ruling Sets Stage For 1st Amendment Battle
The U.S. Supreme Court's landmark ruling upholding a law requiring TikTok's sale sets the stage for an inevitable clash between free speech and government interests and signals that future cases will turn on whether a regulation poses a substantial burden on speech, say attorneys at Dykema.
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What Del. Corporate Law Rework Means For Founder-Led Cos.
Although the amendments to the Delaware General Corporation Law have proven somewhat divisive, they will provide greater clarity and predictability in the rules that apply to founder-led companies navigating transactions concerning controlling stockholders and responding to books-and-records requests, say attorneys at Munger Tolles.
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Series
Baseball Fantasy Camp Makes Me A Better Lawyer
With six baseball fantasy experiences under my belt, I've learned time and again that I didn't make the wrong career choice, but I've also learned that baseball lessons are life lessons, and I'm a better lawyer for my time at St. Louis Cardinals fantasy camp, says Scott Felder at Wiley.
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Series
Adapting To Private Practice: From Fed. Prosecutor To BigLaw
Making the jump from government to private practice is no small feat, but, based on my experience transitioning to a business-driven environment after 15 years as an assistant U.S. attorney, it can be incredibly rewarding and help you become a more versatile lawyer, says Michael Beckwith at Dickinson Wright.
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How Del. Supreme Court, Legislature Have Clarified 'Control'
The Delaware Supreme Court's January decision in In re: Oracle and the General Assembly's passage of amendments to the Delaware General Corporation Law this week, when taken together, help make the controlling-stockholder analysis clearer and more predictable for companies with large stockholders, say attorneys at Baker Botts.
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Firms Still Have Lateral Market Advantage, But Risks Persist
Partner and associate mobility data from the fourth quarter of 2024 shows that we’re in a new, stable era of lateral hiring where firms have the edge, but leaders should proceed cautiously, looking beyond expected revenue and compensation analyses for potential risks, say Julie Henson and Greg Hamman at Decipher Investigative Intelligence.
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What Rodney Hood's OCC Stint Could Mean For Banking
Acting Comptroller of the Currency Rodney Hood's time at the helm of the OCC, while temporary, is likely to feature clarity for financial institutions navigating regulations, the development of fintech innovation, and clearer expectations for counsel advising on related matters, say attorneys at Vedder Price.