Deal Library
Sanofi Announces $2.9 Billion Acquisition of BioPharma Diabetes Drug Maker
Paris-based Sanofi S.A. announced a definitive agreement to pay $2.9 billion for diabetes drug manufacturer Provention Bio, Inc., a U.S.-based, biopharmaceutical company focused on intercepting…
EC Investigates Microsoft’s Activision Blizzard Acquisition
The European Commission is putting the Microsoft and Activision Blizzard merger on hold as they investigate whether the deal will reduce competition among PC gaming…
Leaked: EU to Charge Meta/Facebook Over Secret Agreement with Google
While the European Commission announced back in March that they would investigate Facebook, sources have leaked that it is ready to announce formal charges, according…
France Fines Apple $1.2 Billion for ‘Running a Cartel’
French competition authority, Autorité de la Concurrence, fined Apple a record $1.2 billion after their investigation found that Apple and its wholesale partners, Ingram Micro…
Pfizer Completes $5.4 Billion Acquisition of Sickle Cell Disease Drug Innovator
Pfizer Inc. has acquired Global Blood Therapeutics, Inc. (GBT), a biopharmaceutical company whose leading product inhibits harmful medical conditions that lead to the relatively…
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Amazon’s iRobot Acquisition Faces Shareholder and Consumer Resistance as FTC Investigates
iRobot Corp. shareholders approved Amazon.com, Inc.’s $1.7 billion purchase of the Roomba maker on Oct. 17, while a pre-trial conference in a suit brought by…
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Will Big Book Merger Go Through? It Will Soon Be Up to the Judge.
The fate of the $2.2 billion Penguin Random House (PRH) / Simon & Schuster (S&S) merger remains with U.S. District Judge Florence Pan who presided…
Broadcom Announces Acquisition of Cloud and Virtualization Company
Global semiconductor giant Broadcom Inc. intends to purchase VMware, Inc., a leading enterprise software company. The boards of both companies agreed to the terms, whereby…
Amazon-MGM: Deal Approved in Europe, Now It’s Up to the FTC
Finding “no competition concerns,” antitrust regulators at the European Commission yesterday (March 15) approved Amazon’s $8.5 billion acquisition of MGM and its collection of some…
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FTC, Rhode Island AG Move to Block New England Healthcare Merger
The Federal Trade Commission and the Rhode Island Attorney General are using both administrative measures and litigation to stop the proposed merger of Lifespan Corp.…
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Cellular Store Charges T-Mobile With Unfair Business Practices Following Merger with Sprint
A cellular franchise owner has sued T-Mobile in U.S. District Court in Connecticut for “fraudulent, predatory, and anti-competitive conduct.” Saying it was one of the…
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Nvidia and SoftBank’s Arm Call Off Vertical Merger
Facing challenges from antitrust enforcers on three continents, U.S. microchip giant Nvidia Corp. has called off its acquisition of British computer processing designer Arm Ltd.,…
Frontier/Spirit Merger Would Stiffen Competition Against Big Four Fliers
Spirit Airlines, Inc. and Frontier Airlines, Inc., today (Feb. 7) announced a merger they say will save consumers $1 billion a year while flying aboard…
Global Antitrust: EC Flags Illumina for Proceeding With Purchase of Cancer Test Company Despite Investigation
The European Commission is investigating whether Illumina’s decision to complete its acquisition of cancer test manufacturer Grail — despite the Commission’s ongoing investigation into any anticompetitive effects of the deal — breaches the “standstill obligation” under Article 7…
Verizon Selling Yahoo and AOL for $5 Billion
Unable to compete with Google and Facebook, Verizon is selling Verizon Media — made up of Yahoo, AOL, advertising technology, and other media platform assets…
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MoginRubin Helps Bertram Capital Inc. and FCG Acquisitions Seal Deal with KKR & Co, Inc.
MoginRubin LLP assisted private equity firm Bertram Capital Management LLC with the antitrust clearance of the sale of FCG Acquisitions Inc. to KKR & Co,…
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With Anticompetitive Concerns Addressed, Intuit / Credit Karma Deal Moves Forward
Intuit Inc., owner of the popular TurboTax DIY tax preparation service, has moved forward with its $8.1 billion acquisition of Credit Karma, Inc., after satisfying…
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European Commission Examining Aon’s Acquisition of Willis Towers Watson
The European Commission announced Dec. 21 that it is investigating Aon’s proposed acquisition of Willis Towers Watson, a deal that would combine two leading providers…
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Automotive E-Commerce Company Buys AI Analytics Capability
The power of data analytics continues to be a key driver of value for companies. Online auto retailer Vroom announced Dec. 15, 2020, that it…
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DOJ: Visa / Plaid Deal Would be Bad for Online Debit Market and Consumers
Government Sues to Block Deal Intended to Erase Disruptor Referring to Visa Inc. as a monopolist in the online debit services industry, the Department of…
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Telecommunications: DOJ Allows AT&T to Sell Off Caribbean Operations
The Department of Justice is requiring Liberty Latin America Ltd., its subsidiary, Liberty Communications of Puerto Rico LLC, and AT&T Inc. to divest certain fiber-based…
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Private Equity: Platforms Seek Quick Merger Approval in the U.K.
Two popular crowdfunding platforms, Crowdcube and Seedrs, have asked the U.K. competition authority to fast track their merger designed to create “the world’s largest private…
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TikTok Gets Reprieve from Trump Ban, Nears Deal with Oracle, Walmart
Now that TikTok has more time to keep its U.S. operation alive – thanks to a federal court order enjoining the Trump administration’s effort to…
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DOJ Requires Divestiture of Hawaiian Brewer Before Anheuser Can Buy Craft Brew
The Justice Department Antitrust Division will approve a major acquisition in the beer industry, but only if one of the merging company’s divests its holdings…
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Nvidia’s Acquiring UK Chip Designer for $40 Billion
In a move that Reuters said will “reshape the global semiconductor landscape,” Nvidia Corp. is purchasing Arm of the U.K. from SoftBank Group Corp. of…
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French and American Luxury Brands Litigate Delayed Merger
Dispute in Delaware, Tussle in Brussels LVMH Moët Hennessy Louis Vuitton of France used business challenges presented by the novel coronavirus to avoid a multi-billion-dollar…
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FTC Approves Elanco’s $7.6B Acquisition of Bayer Animal Healthcare, Sets Divestiture Conditions
Pending approval, two of the world’s largest animal healthcare manufacturers will consummate a multibillion dollar acquisition in August 2020, subject to FTC and other, international…
FTC Press Release: VieVu Former Parent Settles Body Cam Antitrust Case
Press Release MEDIA CONTACT: Betsy Lordan Federal Trade Commission Office of Public Affairs 202-326-3707 VieVu’s Former Parent Company Safariland Agrees to Settle Charges That It…
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FTC Sues to Unwind Altria’s $12.8 Billion Investment in Competitor JUUL
FEDERAL TRADE COMMISSION PRESS RELEASE APRIL 1, 2020 Today, the Federal Trade Commission filed an administrative complaint (a public version of which will be available…
Update that Boilerplate! California Civil Code Section 1542 Amendments Affect Waiver of Unknown Claims
Update that Boilerplate! California Civil Code Section 1542 Amendments Affect Waiver of Unknown Claims By: Nicole Ambrosetti The California Legislature has amended Civil Code section…