The market for mergers and acquisitions sprang back to life yesterday when 10 deals totalling more than $27bn were announced, with over half of their total value paid in cash.  After months of deal inactivity, Oracle agreed to buy Sun Microsystems for $7.4bn; GlaxoSmithKline paid $3.6bn for Stiefel Laboratories ; and PepsiCo offered $6bn in [...]

                           As the media reported this morning, Oracle Corp. will buy Sun Microsystems Inc. in a cash deal the company valued at $7.4 billion after IBM abandoned its bid to buy the networking equipment maker.  Full story here. The IBM talks may have been derailed by antitrust issues since the two companies overlap in several areas. In tape-based [...]

We were able to negotiate a 50% discount so the cost will be $100.   To register for the webinar tomorrow (April 16th) Hart-Scott-Rodino Compliance Issues Facing Business Entities go to www.lawcatalog.com/april16.  At checkout enter promo code 2219862 to receive the 50% off.   They will also offer On Demand Access to the program about 2 to [...]

Bankruptcy-related mergers and acquisitions have hit their highest level globally since August 2004, and are set to keep rising as more companies are forced into distressed sales, according to Thomson Reuters data and restructuring practitioners.   It is one reason for the increase in bankruptcy-related work for contract attorneys in both the U.S. and Europe.   Thomson [...]

Like the rest of the bar, the Antitrust Division experienced exponential growth in the amount of documents and information responsive to its Second Requests and CIDs. Recently, the Antitrust Division has completed several investigations with productions just under or slightly above one million records. As a result, Antitrust Division spending on its electronic storage capacity [...]

A record 115 countries and government entities across the globe are regulating mergers and acquisitions, a 69% spike from the 68 jurisdictions that monitored mergers five years ago, according to a new White & Case survey. The 115 jurisdictions that currently police mergers include 110 countries plus regional regimes such as the European Union’s European [...]

November 19, 2008 For the 500+ Posse List members who worked on these transactions: InBev completed its $52bn purchase of Anheuser-Busch on Tuesday, making it the world’s largest brewer and marking a rare victory for jittery dealmakers and investors as other proposed merger transactions continue to fall apart.  BHP Billiton will outline in the next [...]