Two weeks after California recommended approval of the Charter-Time Warner Cable deal, now the DOJ/FCC have also cleared the way for that deal to close – but with conditions.On April 12, California administrative law judge recommend approval of the deal
M & A Law Prof Blog
Latest from M & A Law Prof Blog - Page 7
New M&A Casebook
I'm happy to announce the publication of a new casebook: Hill, Quinn, and Davidoff Solomon's Mergers and Acquisitions: Law, Theory, and Practice:Being an M&A practitioner or litigator requires not only a knowledge of the law—the statutes, cases, and regulations—but…
The end of the letter opinion?
Over at The Chancery Daily, they have observed something interesting. There is has been a decline in letter opinions from the Chancery Court. I'd share some links, but The Chancery Daily is a newsletter, so you'll just have to pay…
The Yahoo party
Nothing happens, nothing happens, and then suddenly everything seems to be happening. Such is the story developing around the sale of Yahoo. The biggest surprise to me at least are the most recent names of potential bidders to pop…
Visualizing M&A Returns
The fact that most mergers aren’t in fact value enhancers for stockholder’s of the acquirer isn’t exactly news to people who pay attention to these things. Sure, selling stockholders make out well. As they should. They typically receive a premium to sell…
Well that was fast
Yesterday, the Obama administration announced new rules to stem tax inversions. Today, Pfizer announced that it was terminating its merger agreement with Allergan, citing adverse changes in tax laws as the reason. The merger agreement defines Adverse Tax Law Change as: “Adverse…
New inversion rules and whacking moles
In its ongoing battle to stem the inversion tide, the Treasury Dept has just announced new anti-inversion "temporary regulations." The first of these provides companies with guidance that the Treasury will disregard stock acquired in prior inversions/acquisitions that may have been…
Almost summer reading
As I sit here watching inches and inches of snow pile up outside, I am reminded that it's actually Spring and the academic year is rapidly coming to a close. End of the academic year usually means piling up a…
Starwood rollercoaster
Earlier this week when Starwood announced that Anbang had upped its bid for the hotelier, they were very careful with their language. The previous weekend when Anbang made its first topping bid, Starwood declared that bid a "superior offer" and…
End of blogging hiatus
Apologies for disappearing from the Internet. I've been sucked into law school administration in recent months and … frankly … it's a lot of work. Anyway, I have resolved to carve out time and return to the blog. Lots going…