Mergers & Acquisitions

  • May 04, 2026

    Two Harbors Backs CrossCountry Bid Over $1.3B UWM Offer

    Two Harbors Investment Corp.'s board of directors prefers CrossCountry Mortgage LLC's proposed $1.2 billion all-cash acquisition of the real estate investment trust over UWM Holdings Corp.'s revised $1.3 billion all-stock bid, which "is inferior across multiple dimensions," Two Harbors announced on Monday.

  • May 04, 2026

    Skadden Adds Former Collins Aerospace GC In Boston

    The former general counsel for Collins Aerospace has returned to Skadden Arps Slate Meagher & Flom LLP, where he worked earlier in his career, the firm said Monday.

  • May 04, 2026

    Catching Up With Delaware's Chancery Court

    The Delaware Chancery Court this past week handled a wide-ranging docket of deal disputes, advancement fights, stockholder suits and contract claims, with several matters turning on timing, forum limits and the remedies available when transactions or governance agreements break down.

  • May 04, 2026

    4 Firms Guide Global Net Lease's $535M Modiv Industrial Buy

    Global Net Lease said Monday that it has agreed to pay $535 million to acquire industrial-focused real estate investment trust Modiv in a deal advised by Paul Weiss Rifkind Wharton & Garrison LLP, Greenberg Traurig LLP, Morrison Foerster LLP and Venable LLP.

  • May 04, 2026

    EBay Is Reviewing Unsolicited $55.5B GameStop Offer

    Online marketplace eBay said Monday it is reviewing a $55.5 billion unsolicited cash-and-stock offer from GameStop Corp., a deal that would combine the companies' major retail and e-commerce platforms.

  • May 01, 2026

    Don't 'Throw' Young Attys Under Bus, Judge Warns Musk Atty

    The California federal judge presiding over Elon Musk's challenge to OpenAI's for-profit conversion criticized Musk's attorney Marc Toberoff on Friday for eliciting "waste of time" trial testimony into Musk's $97.4 billion acquisition bid, warning Toberoff he "shouldn't throw young lawyers under the bus" by not quickly acknowledging his role.

  • May 01, 2026

    Consumers Challenge Paramount-Warner Bros. Deal

    News watchers and streaming subscribers have brought a lawsuit against Paramount Skydance Corp. opposing both its pending $110 billion acquisition of Warner Bros. Discovery and the completed tie-up between Skydance Media and Paramount Global, telling a California federal court the earlier transaction has already caused higher streaming prices.

  • May 01, 2026

    Pharma Co. Investor Sues Over Misleading Aurinia Deal

    A Kezar Life Sciences investor has filed suit asking an Illinois federal judge to halt the company's planned acquisition by a Canadian biopharmaceutical company's U.S. unit unless Kezar fixes the "incomplete and misleading" regulatory filings it submitted regarding the transaction.

  • May 01, 2026

    Untangling The Legacy Of LIV's Bid To Upend Pro Golf

    The Saudi government's decision to cease funding for LIV Golf is a sea change both for the PGA Tour and the upstart league that once plunged the sport into a legal free-for-all that put the game's power brokers on notice.

  • May 01, 2026

    Sidley, Goodwin Lead $1.1B Take-Private Deal For Esperion

    Biopharmaceutical company Esperion Therapeutics, advised by Goodwin Procter LLP, on Friday announced plans to go private after being bought by Sidley Austin LLP-led healthcare-focused investment firm Archimed in a $1.1 billion deal.

  • May 01, 2026

    UK Litigation Roundup: Here's What You Missed In London

    The past week in London has seen a Swiss energy trader bring a Financial List claim against shipping benchmarking company Baltic Exchange, law firm Slater and Gordon sued by a former client, Slack and Salesforce hit Microsoft with an antitrust claim, and Stephen Fry bring a personal injury claim after he broke bones falling off a stage. Here, Law360 looks at these and other new claims in the U.K.

  • May 01, 2026

    4 Key Takeaways From PitchBook's Latest Global M&A Report

    Global mergers and acquisitions activity surged to record highs in the first quarter of 2026, but beneath the headline numbers was a market shaped by diverging trends across sectors, geographies and buyer types, according to PitchBook's latest global M&A report.

  • May 01, 2026

    Baker McKenzie-Led Daily Mail Owner To Sell Data Biz For $1B

    The owner of the Daily Mail has agreed to sell its U.S. property data business Trepp Inc. for $1 billion in cash to financial services provider Fitch Group Inc.

  • April 30, 2026

    5 States Join Bid To Block $6.2B Nexstar-Tegna Merger

    Five states on Thursday joined a coalition of others who sued to challenge Nexstar Media Group Inc.'s then-proposed $6.2 billion merger with Tegna Inc., alleging in an amended antitrust complaint that the currently frozen deal will eliminate consumers' choices for local news and diminish diversity in news coverage.

  • April 30, 2026

    Ariz. Bank Hit With Fraud Suit Over Merger Terms

    A Chicago investment fund has accused an Arizona-based community bank of duping shareholders of an Illinois savings and loan company into approving the institutions' $90 million merger, saying the offering materials touted an unachievable payout for investors.

  • April 30, 2026

    Monthly Merger Review Snapshot

    A pair of door manufacturers ended a landmark private merger challenge, state enforcers are gearing up for a potential Live Nation breakup bid following a crucial jury win, and a separate group of states and DirecTV are challenging Nexstar's $6.2 billion deal for rival broadcaster Tegna.

  • April 30, 2026

    UP, Norfolk Southern Refile $85B Merger Bid With Regulators

    Union Pacific and Norfolk Southern on Thursday submitted a revised application to federal rail regulators for their proposed $85 billion mega-merger, touting the efficiencies and cost-savings of their combined coast-to-coast rail network, while also seeking to quell competition concerns.

  • April 30, 2026

    2 Firms Guide Belden's $1.85B Deal For Wireless Co. Ruckus

    Belden Inc. said Thursday that it will acquire Ruckus Networks from Vistance Networks for about $1.85 billion, as the specialty networking company moves to expand its presence in enterprise Wi-Fi and cloud-based connectivity markets.

  • April 30, 2026

    ADW Pursues $3B Takeover Of Meineke Owner, More Rumors

    Hedge fund ADW Capital is trying to scoop up Meineke owner Driven Brands in a $3 billion deal, SpaceX told investors that only Elon Musk has the power to remove himself as the leader of the space exploration giant, and technology services firm Virtusa Corp. is looking to raise $1 billion in an India initial public offering.

  • April 30, 2026

    Bitcoin Miner MARA Inks $1.5B Deal To Expand Power Assets

    Bitcoin miner MARA Holdings Inc. said Thursday it has agreed to buy FTAI Infrastructure Inc.'s Long Ridge Energy & Power unit for $1.5 billion, including assumed debt, in a deal steered by three law firms.

  • April 30, 2026

    Exec Fired By 5-Hour Energy Founder Wins Trial Over Pay

    A Manhattan federal jury credited severance claims from an executive who worked for the former publisher of Sports Illustrated, awarding him over $1 million after he was fired when the billionaire founder of 5-Hour Energy drinks took control, according to a Thursday verdict sheet.

  • April 30, 2026

    Lazard To Buy HSF Kramer-Led Campbell Lutyens For $575M

    Lazard Inc. said Thursday that it will buy London-based Campbell Lutyens for $575 million to create a global private capital advisory unit.

  • April 30, 2026

    Irish Energy Biz Snubs £5B Bid From KKR-Led Consortium

    DCC PLC said Thursday it has rejected a preliminary £4.95 billion ($6.7 billion) takeover bid from a consortium led by private equity firms Energy Capital Partners LP and KKR, because the proposal significantly undervalues the Irish energy distributor.

  • April 29, 2026

    Vacasa Investors Sue Over Spurned $131M Merger Bid

    Vacation rental company Vacasa is facing a proposed class action in Oregon from stockholders after accepting an acquisition bid from Casago that was $12 million lower on its face than a rival offer from Davidson Kempner Capital Management.

  • April 29, 2026

    Teva Acquires Tourette's Drugmaker For Up To $900M

    Biopharmaceutical company Teva Pharmaceuticals, advised by Faegre Drinker Biddle & Reath LLP, on Wednesday announced plans to acquire Bradley Arant Boult Cummings LLP-advised Emalex Biosciences for up to $900 million.

Expert Analysis

  • Series

    Ultramarathons Make Me A Better Lawyer

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    Completing a 100-mile ultramarathon was tougher, more humbling and more rewarding than I ever imagined, and the experience highlighted how long-distance running has sharpened my ability to adapt to the evolving nature of antitrust law and strengthened my resolve to handle demanding, unforeseen challenges, says Dan Oakes at Axinn.

  • Key Takeaways From The 2026 ABA Antitrust Spring Meeting

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    Last week's American Bar Association Spring Meeting revealed an antitrust landscape defined by heightened friction and tension — between federal and state enforcers, domestic and international regimes, competing political visions, and traditional enforcement tools and novel challenges, say attorneys at Skadden.

  • In First For DOJ, Action Signals New CFIUS Enforcement Era

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    The U.S. Department of Justice is seeking judicial enforcement of a divestment order, an unprecedented action for the agency that ushers in a new phase for the Committee on Foreign Investment in the United States, one in which judicial proceedings complement administrative oversight and presidential divestment orders may be enforced through litigation, says attorney Sohan Dasgupta.

  • Getting The Most Out Of Learning And Development Programs

    Excerpt from Practical Guidance
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    Junior associates can better develop the legal, business and interpersonal skills they need for long-term success by approaching their firms’ learning and development programs armed with five tips for getting the most out of these resources, says Lauren Hakala at Reed Smith.

  • Opinion

    AI Presents A Make-Or-Break Moment For Outside Counsel

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    The rapid adoption of artificial intelligence by corporate legal departments is forcing a long-overdue reset of the relationship between inside and outside counsel, and introducing a significant opportunity to shed frustrating inefficiencies and strengthen collaboration for firms willing to embrace the shift, says Intel Chief Legal Officer April Miller Boise.

  • Defense Deals Can Trigger Extra HSR Filing With The DOD

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    Certain aerospace, defense and national security M&A transactions will require a concurrent Hart-Scott-Rodino Act filing to the U.S. Department of Defense, and practice tips for navigating this extra filing include early analysis of competitive implications of sector deals and planning for concurrent filings, say attorneys at White & Case.

  • Series

    Watching Hallmark Movies Makes Me A Better Lawyer

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    I realize you may be judging me for watching, and actually enjoying, Hallmark Channel movies, but the escapism and storylines actually demonstrate qualities and actions that lead to an efficient, productive and positive legal practice, says Karen Ross at Tucker Ellis.

  • Assessing Potential Legal Claims From Private Credit Turmoil

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    Amid the downturn in the private credit markets spurred by multiple high-profile bankruptcies, a New York lawsuit stemming from the collapse of First Brands provides an important case study for investors to help minimize future losses and maximize any potential recovery in the event of a private credit default, say attorneys at Bleichmar Fonti.

  • Nippon Case Illustrates Challenges Of Proving Antitrust Injury

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    A recent California federal court decision dismissing challenges to Nippon Steel's purchase of U.S. Steel underscores the longtime antitrust precedent that while the limitations of injury are critical for defendants sued under U.S. antitrust laws, showing that the harm is real is the key, says Cameron Regnery at Freeman Mathis.

  • How Iran War Might Reshape Proxy Contests This Year

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    The Iran war may function as a short-term poison pill for proxy contests, not because it strengthens corporate defenses, but because it increases the risks associated with activist commitments, say attorneys at Sidley.

  • What To Watch At The 2026 ABA Antitrust Spring Meeting

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    Attorneys at Freshfields consider the future of antitrust law and competition among developments likely to dominate discussion at the American Bar Association's Antitrust Spring Meeting this week.

  • How DOJ's New Corporate Crime Policy Will Work In Practice

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    The upshot of the Justice Department's new corporate crimes enforcement framework is uniformity for self-reporting companies, but there is uncertainty around how it will be applied in interaction with the Southern District of New York's more lenient, yet unpredictable, financial crimes enforcement program, say attorneys at Cahill Gordon.

  • 5 Tips For Navigating Your Firm's All-Attorney Summit

    Excerpt from Practical Guidance
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    Law firm retreats should be approached strategically, as they present valuable opportunities to advance both the firm's objectives and attorneys' professional development through meaningful participation, building and strengthening internal relationships, and proactive follow-up, says James Argionis at Cozen O’Connor.

  • How Bankrupt Cos. Can Seek Refunds For Illegal Tariffs

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    In light of the U.S. Supreme Court's recent decision striking down President Donald Trump's International Emergency Economic Powers Act tariffs as illegal, some companies may have strong prospects for recovering refunds from the government, and trustees in bankruptcy may have a significant role to play in seeking such recovery, say attorneys at Stinson.

  • Series

    Coaching Soccer Makes Me A Better Lawyer

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    Coaching youth soccer for my 7-year-old son's team has sharpened how I communicate with clients, prepare witnesses, work within teams and think about leadership, making me a more thoughtful and effective lawyer in many ways, says Joshua Holt at Smith Currie.

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