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Deals Rumor Mill
Paramount Eyes $60B Warner Bid, And Other Rumors
By Al Barbarino
Paramount Skydance is in talks with private equity firms including Apollo Global Management as it mulls a potential $60 billion bid for Warner Bros. Discovery. Another mega-deal that's further along its path to closing — Mars' $36 billion bid to acquire Kellanova — is set to win European antitrust approval. And Armani has approached potential buyers to sell a minority stake in the first phase of late designer Giorgio Armani's wishes.
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PEOPLE
EXPERT ANALYSIS
Series
Painting Makes Me A Better Lawyer
Painting trains me to see both the fine detail and the whole composition at once, enabling me to identify friction points while keeping sight of a client's bigger vision, but the most significant lesson I've brought to my legal work has been the value of originality, says Jana Gouchev at Gouchev Law.
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LEGAL INDUSTRY
GC Cheat Sheet: The Hottest Corporate News Of The Week
By Sue Reisinger
It is of little solace to general counsel that most big law firms hiked their billing rates this year just slightly less than last year's increase. And it looks like Elon Musk is settling with the former chief legal officer and the general counsel of Twitter, along with two other executives, over their suit to obtain millions in promised severance pay. These are some of the stories in corporate legal news you may have missed in the past week.
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