Deal Lawyers

NOVEMBER 15, 2023

mergers from 2018 to 2022 focused on the use of special synergy awards. Here’s my recent post on The Advisors’ Blog on CompensationStandards.com regarding M&A synergy awards: WTW’s Global Executive Compensation Analysis Team recently conducted a study of the 100 largest U.S.

M&A 124

M&A Mergers 124

JD Supra: Mergers

JULY 29, 2024

First promulgated on December 29, 1993, the PRC Company Law has undergone two substantial updates during its 30 years of development, the previous one undertaken in October 2005, and four less substantial amendments, the latest of which was in 2018. By: Morrison & Foerster LLP

IT 177

IT 177

JD Supra: Mergers

AUGUST 16, 2024

For the past several years, CFIUS’s webpage only included two enforcement actions, one from 2018 and another in 2019. Among other updates, the webpage provides information about six CFIUS penalty actions from 2023 and 2024. By: Torres Trade Law, PLLC

Trading 161

Trading Investment 161

Global Newswire by Notified: M&A

JULY 27, 2024

NEW YORK, July 27, 2024 (GLOBE NEWSWIRE) -- NEW YORK, July 27, 2024 / GobeNewswire/-- Monteverde & Associates PC (the “M&A Class Action Firm”), has recovered money for shareholders and is recognized as a Top 50 Firm in the 2018-2022 ISS Securities Class Action Services Report.

M&A 45

M&A Mergers Shares Stock 45

TechCrunch: M&A

MARCH 26, 2024

The deal marks Borderless’ first acquisition since its inception in 2018. […] © 2024 TechCrunch. The financial details of the deal were not disclosed. All rights reserved. For personal use only.

Capital 217

Capital Investment Asset Management Acquisitions 217

The Deal

FEBRUARY 6, 2024

“Deals like the Whitehorse acquisition from 2018 were examples of Chesapeake expanding in areas in which they didn’t have a lot of previous assets.” The post Chesapeake, Southwestern Merger Signals Step for LNG appeared first on The Deal. 16, 2024, on The Deal’s premium subscription website.

Mergers 59

Mergers Mergers and Acquisitions Debt M&A 59

Cooley M&A

JANUARY 24, 2018

Trump’s agency appointments are setting the antitrust agenda in 2018.

Pharmaceutical 52

Pharmaceutical Mergers Business 52

JD Supra: Mergers

JUNE 24, 2024

Volume, meanwhile, sank to its lowest annual figure since 2018, with a total of 36,640 deals announced. Dealmakers are learning to navigate a stricter regulatory environment as UK and EU authorities take an increasingly interventionist stance Global dealmaking experienced a slowdown in 2023 as the market battled headwinds on several fronts.

IT 172

IT 172

JD Supra: Mergers

FEBRUARY 5, 2024

Key takeaways are that: EU and Member State authorities imposed multiple material antitrust fines from 2018-2022, totalling approx. The European Commission (EC) has published its latest report on competition enforcement in medicines and medical products. EUR780 million. By: Allen & Overy LLP

Medical 167

Medical Pharmaceutical IT 167

JD Supra: Mergers

FEBRUARY 14, 2024

billion maximum value and USD2.6bn grant date fair value to Tesla CEO Elon Musk (the “2018 Grant”). Chancellor Kathleen McCormick of the Delaware Court of Chancery grappled with this question in a recent derivative lawsuit challenging Tesla’s performance-based equity award with a potential USD55.8 By: Allen & Overy LLP

Equities 177

Equities 177

Cooley M&A

FEBRUARY 8, 2018

What’s on tap for 2018 M&A? One familiar technique used by sophisticated tech buyers is a holdback structure that subjects a portion of key employees’ merger consideration to revesting. See ABA Private Target Mergers & Acquisitions Deal Point Study for 2016-2017.

M&A 52

M&A Mergers and Acquisitions Mergers Negotiation 52

JD Supra: Mergers

MAY 5, 2024

From 2017 to 2018, SCG “caused” U.S. If you need to find an example of this long reach, look no further than OFAC’s recent settlement with SCG Plastics (“SCG”), in which SCG, a Thailand company, which sells plastic resins, agreed to pay $20 million for violations of the Iran Sanctions Program. financial institutions to process $291.

Financial Institution 196

Financial Institution 196

M&A Leadership Council

OCTOBER 22, 2023

The Art of M&A® / Post-Merger Integration and Divestitures An excerpt from The Art of M&A, Fifth Edition: A Merger, Acquisition, and Buyout Guide by Alexandra Reed Lajoux COMMITMENTS to EMPLOYEES Why is it important to make and keep commitments to employees? How do pension funds respond to downsizing after mergers?

Mergers 52

Mergers Mergers and Acquisitions M&A Economics 52

Cisco: M&A

OCTOBER 27, 2023

Jason Button leads the Cisco Security and Trust Mergers and Acquisitions (M&A) organization. He was formerly the director of IT at Duo Security, a company Cisco acquired in 2018, making him uniquely… Read more on Cisco Blogs

M&A 75

M&A Mergers and Acquisitions Mergers Securities 75

JD Supra: Mergers

FEBRUARY 6, 2024

Specialty Networks, founded in 2018 and based in Cleveland, is an integrated, multi-specialty organization with group purchasing organizations, life sciences and research solutions in urology, gastroenterology and rheumatology. Linden Capital Partners has announced it will sell Specialty Networks to Cardinal Health for $1.2 billion in cash.

Private Equity 149

Private Equity Healthcare Equities Capital 149

JD Supra: Mergers

FEBRUARY 16, 2024

trillion of M&A deals were announced last year—a ten-year low in aggregate annual value terms—while deal volume, with 36,640 announcements, sank to its lowest annual figure since 2018, when the figure stood at 34,130. Nearly US$3.2 By: White & Case LLP

M&A 172

M&A Finance Finance IT 172

Shearman & Sterling

AUGUST 21, 2018

On August 10, 2018, Vice Chancellor Joseph R. Slights III of the Delaware Court of Chancery denied a motion to dismiss breach of contract claims stemming from a merger agreement pursuant to which defendant, Stora Enso AB, acquired non-party, Virdia, Inc. Fortis Advisors LLC v. Stora Enso Ab, C.A. 12291-VCS (Del.

Mergers 52

Mergers Equities IT 52

JD Supra: Mergers

FEBRUARY 8, 2024

883 (2018), that a debtor may itself qualify as a "financial institution" covered by the safe harbor by retaining a bank or trust company as an agent to handle payments, By: Jones Day Supreme Court suggested (but did not hold) in Merit Mgmt. FTI Consulting, Inc.,

Securities 200

Securities Financial Institution Consulting Bank 200

JD Supra: Mergers

FEBRUARY 2, 2024

The report looks at enforcement from 2018 - 2022 and is a follow-up of the previous report which covered 2009 - 2017. By: Hogan Lovells

Pharmaceutical 187

Pharmaceutical 187

Global Newswire by Notified: M&A

JULY 27, 2024

NEW YORK, July 27, 2024 (GLOBE NEWSWIRE) -- NEW YORK, July 27, 2024 / GlobeNewswire/-- Monteverde & Associates PC (the “M&A Class Action Firm”), has recovered money for shareholders and is recognized as a Top 50 Firm in the 2018-2022 ISS Securities Class Action Services Report.

M&A 45

M&A Corporation Mergers IT 45

Global Newswire by Notified: M&A

JULY 27, 2024

NEW YORK, July 27, 2024 (GLOBE NEWSWIRE) -- NEW YORK, July 27, 2024 / GlobeNewswire/-- Monteverde & Associates PC (the “M&A Class Action Firm”), has recovered money for shareholders and is recognized as a Top 50 Firm in the 2018-2022 ISS Securities Class Action Services Report.

M&A 45

M&A Mergers Sale Shares 45

JD Supra: Mergers

JUNE 4, 2023

Over an eight-year period ending in 2018, Murad, a U.S. cosmetics company, illegally exported goods and services to Iran in 62 separate transactions worth approximately $11 million. Murad was acquired by Unilever United States (“Unilever”) in 2015. Once discovered, Unilever voluntarily disclosed the conduct to OFAC.

IT 187

IT 187

Shearman & Sterling

AUGUST 21, 2018

On August 10, 2018, Vice Chancellor Joseph R. Slights III of the Delaware Court of Chancery denied a motion to dismiss breach of contract claims stemming from a merger agreement pursuant to which defendant, Stora Enso AB, acquired non-party, Virdia, Inc. Fortis Advisors LLC v. Stora Enso Ab, C.A. 12291-VCS (Del.

Mergers 40

Mergers Equities IT 40

TechCrunch: M&A

JULY 18, 2023

That product is currently a part of the Corsair portfolio after it acquired the Elgato brand in 2018. The umbrella includes microphones like Yeti, formerly produced by Blue, which it acquired in 2018. Details of the transaction have not been disclosed, but the deal comes as Logitech looks to expand its appeal to creative pros.

Portfolio 230

Portfolio Acquisitions Manufacturing IT 230

Shearman & Sterling

JUNE 4, 2019

's ("Radixx") selling stockholders, retained the ability to assert privilege over Radixx's pre-merger attorney-client communications in a post-closing litigation against the acquiring company, RSI Holdco, LLC ("Holdco"). 2018-0517-KSJM (Del. Shareholder Representative Services LLC v. RSI Holdco, LLC, C.A.

Mergers 52

Mergers IT 52

Shearman & Sterling

AUGUST 7, 2018

On July 30, 2018, Vice Chancellor Tamika Montgomery-Reeves of the Delaware Court of Chancery partially granted a Section 220 demand for the books and records of Globalstar, Inc. 2018-0351-TMR (Del. July 30, 2018). July 30, 2018). brought by the company's largest minority stockholder, Mudrick Capital Management, L.P.

Mergers 52

Mergers Mergers and Acquisitions Capital Acquisitions 52

Shearman & Sterling

SEPTEMBER 17, 2019

's motion to dismiss an action for breach of a merger agreement brought by Genuine Parts Company ("GPC"). 2018-0730-JRS (Del. The claims arose after defendant terminated the two office supply companies' merger agreement in favor of an acquisition of defendant by a private equity firm. Genuine Parts Co.

Mergers 52

Mergers Mergers and Acquisitions Private Equity Equities 52

Shearman & Sterling

JUNE 13, 2018

On May 25, 2018, Chancellor Andre G. Pepper") against the company and its directors asserting that the merger with Maple Parent Holdings Corp. ("Maple Parent"), the parent company of Keurig Green Mountain, Inc., 2018-0227-AGB (Del. June 1, 2018). deprived them of their statutory appraisal rights. Read more.

Corporation 52

Corporation Mergers Sale IT 52

Shearman & Sterling

JULY 7, 2020

Valihura, the Supreme Court of Delaware reversed the Delaware Court of Chancery's dismissal of a stockholder lawsuit arising out of the merger between Towers Watson & Co. ("Towers") and Willis Group Holdings Public Limited Company ("Willis"). 2018-0132-KSJM (Del. City of Fort Myers Gen. ' Pension Fund v.

Mergers 52

Mergers Negotiation Funds Investment 52

Shearman & Sterling

SEPTEMBER 4, 2019

2018-0540 (Del. Plaintiff's demand stemmed from a merger in which defendant, a real estate company, was acquired by Brookfield Property Partners L.P., Plaintiff's demand stemmed from a merger in which defendant, a real estate company, was acquired by Brookfield Property Partners L.P., Kosinski v. 3d 635 (Del.

Mergers 52

Mergers M&A Stock IT 52

JD Supra: Mergers

JULY 28, 2023

Although deal activity through the year appears slightly below the high-water marks for the corresponding period of 2022, deal activity is generally up from the first quarter of 2023, and reported volumes are nearly twice the levels seen in 2018 and 2020.

Healthcare 130

Healthcare M&A 130

Shearman & Sterling

JUNE 4, 2019

's ("Radixx") selling stockholders, retained the ability to assert privilege over Radixx's pre-merger attorney-client communications in a post-closing litigation against the acquiring company, RSI Holdco, LLC ("Holdco"). 2018-0517-KSJM (Del. Shareholder Representative Services LLC v. RSI Holdco, LLC, C.A.

Mergers 40

Mergers IT 40

Shearman & Sterling

AUGUST 7, 2018

On July 30, 2018, Vice Chancellor Tamika Montgomery-Reeves of the Delaware Court of Chancery partially granted a Section 220 demand for the books and records of Globalstar, Inc. 2018-0351-TMR (Del. July 30, 2018). July 30, 2018). brought by the company's largest minority stockholder, Mudrick Capital Management, L.P.

Mergers 40

Mergers Mergers and Acquisitions Capital Acquisitions 40

Shearman & Sterling

AUGUST 28, 2018

On August 17, 2018, Chancellor Andre G. As this went unnoticed until after the merger, the preferred stock was converted into common stock as if there had been no error. As this went unnoticed until after the merger, the preferred stock was converted into common stock as if there had been no error. 10477-CB (Del.

Mergers 52

Mergers Corporation Mergers and Acquisitions Stock 52

Shearman & Sterling

AUGUST 28, 2018

On August 17, 2018, Chancellor Andre G. As this went unnoticed until after the merger, the preferred stock was converted into common stock as if there had been no error. As this went unnoticed until after the merger, the preferred stock was converted into common stock as if there had been no error. 10477-CB (Del.

Mergers 52

Mergers Corporation Mergers and Acquisitions Stock 52

Shearman & Sterling

JANUARY 14, 2020

after it was acquired in a tender offer and cash-out merger by a private equity firm. 2018-0789-JRS (Del. The claims focused on Essendant's decision to terminate a merger agreement providing for a stock-for-stock merger with Genuine Parts Co. ("GPC") in favor of an all-cash deal offered by the private equity firm.

Mergers 52

Mergers Private Equity Acquisitions Equities 52

Shearman & Sterling

JANUARY 7, 2020

Bouchard of the Delaware Court of Chancery ruled that defendant Boston Scientific Corporation was not entitled to terminate its merger agreement with plaintiff Channel Medsystems, Inc. 2018-0673-AGB (Del. The Court thus granted specific performance and directed defendant to close the merger. Channel Medsystems, Inc.

Mergers 52

Mergers Medical IT Corporation 52