Coming off of a record $4.7 trillion M&A year in 2015, 2016 has had $400 billion of M&A deals that have fallen apart so far because of the Oil & Gas industry concerns, as well as regulators blocking huge M&A for anti-trust reasons. The New York Times DealBook writes about how arb traders (I think…

A recent study by Columbia Business School found that including a go-shop provision in Management Buyouts (MBO) and Private Equity Transactions does not lead to obtaining better offers. The researchers, Adonis Antoniades, Charles W. Calomiris, and Donna M. Hitscherich, studied target companies in private equity and MBO transactions and their decisions whether to “shop” merger…

Two Delaware Chancery Court opinions issued in October and November have implications for both buyers and sellers in corporate transactions whether a buyer seeks to back out of an unfavorable deal or the seller seeks to obtain a court order forcing the deal to close.  A memorandum published on November 14, 2013, by Cadwalader, Wickersham…

Two Delaware Chancery Court opinions issued in October and November have implications for both buyers and sellers in corporate M&A transactions whether a buyer seeks to back out of an unfavorable deal or the seller seeks to obtain a court order forcing the deal to close.  A memorandum published on November 14, 2013, by Cadwalader,…