Law 360 M&A

FEBRUARY 1, 2023

A California federal judge reportedly rejected the Federal Trade Commission's initial challenge to Meta's purchase of virtual reality fitness app company Within Unlimited, the Justice Department pressed the Third Circuit to upend its district court loss against U.S.

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Law 360 M&A

SEPTEMBER 30, 2022

Sugar Corp. and Imperial Sugar while the agency appeals the trial court's rejection of its merger challenge, saying the companies refuse to delay the deal, even temporarily. Department of Justice asked the Third Circuit on Thursday to pause the planned tie-up of U.S.

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Reynolds Holding

OCTOBER 5, 2022

After determining that the DOJ failed to meet its burden of proof, a Delaware federal court denied the government’s request to enjoin the $315 million acquisition of Imperial Sugar by U.S. Sugar grows and refines sugar in Florida and sells its sugar through United Sugars, a sugar-selling cooperative.

Marketability 45

Marketability 45

Reynolds Holding

JANUARY 18, 2023

Sugar-Imperial Sugar deal, a case in which the DOJ asserted a horizontal theory of harm. Sugar matters. Indeed, on January 4, the FTC announced that it agreed to proposed consent orders with three companies requiring them to eliminate non-compete clauses in their contracts with employees.

Equity 53

Equity Marketability Private Equity Firm Compliance 53

Reynolds Holding

JANUARY 11, 2024

Sugar/Imperial Sugar ). Those include industry “roll-ups” (where companies acquire and combine businesses to gain scale and efficiencies), strategies to leverage a strong position in one market as a means to enter others and concentration of bargaining power in labor markets.

Marketability 45

Marketability Technology 45

Reynolds Holding

FEBRUARY 1, 2023

A wide number of companies also announced separations, divestitures, carve-outs and spin-offs across industries over the course of the year, with over thirty $1 billion-plus divestitures and nearly forty spin-offs announced. billion acquisition by a consortium led by Permira and Hellman & Friedman and Thoma Bravo’s $10.7

Finance 45

Finance Equity Technology Banking 45

Reynolds Holding

OCTOBER 10, 2022

The FTC sued to block the transaction based upon a theory of vertical foreclosure—namely, that because Illumina is the dominant provider of a necessary input to MCED tests, the merged company would have the ability and incentive to harm GRAIL’s rivals by withholding Illumina’s NGS technology. Sugar/Imperial Sugar.

Marketability 56

Marketability Technology 56