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1 month ago | 
lexology.com | Matthew Abbott |Angelo Bonvino |Robert Kindler
USA
March 14 2025
U.S. and global M&A was down across all sectors in February compared to January. This was also reflected in year-over-year data, except for global sponsor activity by deal value, which rose 27.3%.
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Apr 15, 2024 | 
lexology.com | Matthew Abbott |Angelo Bonvino |Robert Kindler |Jeffrey D. Marell
U.S. and global M&A activity declined overall in March compared to February, with deal value and deal numbers both falling. Year over year, the trend was similar, except for U.S. total deal value, which was up compared to March 2023. Strategic activity bore the brunt of these declines.
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Apr 9, 2024 | 
lexology.com | Andre Bouchard |André Bouchard |Jaren Janghorbani |Robert Kindler |Kyle Seifried |Laura C. Turano | +2 more
In an en banc, unanimous opinion in In re Match Group, Inc. Derivative Litigation, the Delaware Supreme Court declined to provide a less burdensome path to business judgment review for self-interested controlling stockholder transactions that are not full “squeeze-out” mergers. Instead, the court’s opinion, by Chief Justice Collins J.
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Mar 11, 2024 | 
lexology.com | Scott A. Barshay |Andre Bouchard |André Bouchard |Jaren Janghorbani |Robert Kindler |Frances Mi
In Sjunde AP-fonden v. Activision Blizzard, Inc., et al. (an opinion by Chancellor Kathaleen St. J. McCormick), the Delaware Court of Chancery declined to dismiss claims that common market practices used by the Activision Blizzard, Inc., board in approving its merger agreement with Microsoft Corporation resulted in a Delaware General Corporation Law (DGCL) violation.
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Feb 26, 2024 | 
lexology.com | Jarryd E. Anderson |Scott A. Barshay |Jessica Carey |Brad S. Karp |Robert Kindler |Anastasia V. Peterson | +3 more
I. Executive SummaryOn January 29, 2024, the Office of the Comptroller of the Currency (“OCC”) issued a notice of proposed rulemaking (the “NPR”)[1] to update its current rules for business combinations involving national banks and federal savings associations, including a policy statement that describes the standards for the OCC’s review of business combinations under the Bank Merger Act (“BMA”) (the “Policy Statement”).
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Feb 15, 2024 | 
lexology.com | Matthew Abbott |Angelo Bonvino |Robert Kindler |Jeffrey D. Marell |Kyle Seifried |Laura C. Turano | +2 more
U.S. M&A activity was off to a strong start in January, but global activity was generally down. U.S. total deal value and the number of U.S. deals were up 23% and 54%, respectively, over December, while global total deal value and the number of global deals fell 27% and 3%, respectively. Notably, backing the United States out of global numbers, total deal value fell 60% in the rest of the world, and the number of deals fell 17% compared to December. » view the report
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Feb 5, 2024 | 
lexology.com | Andre Bouchard |André Bouchard |Jaren Janghorbani |Robert Kindler |Kyle Seifried |Laura C. Turano | +1 more
Recent decisions by Vice Chancellor Will of the Delaware Court of Chancery in Paragon Technologies, Inc. v. Cryan and Kellner v. AIM Immunotech Inc. provide guidance for boards concerning the validity of advance notice bylaws. In both cases, the court upheld the boards’ enforcement of advance notice bylaws to prevent activist nominees from standing for election. In Kellner, however, the court invalidated some bylaw provisions because of their overbreadth or ambiguity.
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Jan 16, 2024 | 
lexology.com | Matthew Abbott |Angelo Bonvino |Robert Kindler |Jeffrey D. Marell |Kyle Seifried |Laura C. Turano | +2 more
To view this article you need a PDF viewer such as Adobe Reader. If you can't read this PDF, you can view its text here. Go back to the PDF. USAJanuary 16 2024The M&A market was markedly slower in 2023. U.S. and global total deal value fell 11% and 18%, respectively, compared to 2022, and 49% and 48%, respectively, compared to 2021. While 2021 was a record year for M&A, the drop in 2023 activity was still stark.
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Dec 14, 2023 | 
lexology.com | Matthew Abbott |Angelo Bonvino |Robert Kindler |Jeffrey D. Marell
To view this article you need a PDF viewer such as Adobe Reader. If you can't read this PDF, you can view its text here. Go back to the PDF. USADecember 14 2023M&A activity was down by almost all measures in November compared to October. U.S. and global total deal values fell 64% and 28%, respectively, and the number of U.S. and global deals fell 18% and 9%, respectively.
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Nov 15, 2023 | 
lexology.com | Matthew Abbott |Angelo Bonvino |Robert Kindler |Jeffrey D. Marell
Strategic activity ramped up in October, with strategic total deal values reaching their highest levels since February 2021 in the United States and since December 2021 globally. U.S. and global strategic deal values and deal counts were up significantly compared to September. Year over year, strategic deal counts are still down, but strategic deal value is up significantly in the United States and globally.
