Supermarket chains Kroger and Albertsons said Monday they will sell more of their stores in an effort to quell the federal government’s concerns about their proposed merger.
Whether a proposed merger between two of the nation’s largest grocery store retailers will happen could be decided soon, as a federal judge hears arguments from the Federal Trade Commission and Kroger Company on the company’s proposed $24.6 billion acquisition of the Albertsons Companies Inc.
Kentucky- and Indiana-based Stoll Keenon Ogden LLC is continuing to expand into the Hoosier state, with the firm announcing a new merger in August with Jeffersonville’s Applegate Fifer Pulliam. Doug Barr, SKO’s managing director, told Indiana Lawyer the acquisition is a natural expansion for the firm, with Jeffersonville being connected to the Louisville market. The […]
To give an added jolt to government efforts to deter criminal misconduct in merger and acquisition transactions, the U.S. Department of Justice unveiled a new Safe Harbor Policy last year geared toward voluntary self-disclosures.
With the merger, SKO increased its presence in Indianapolis from seven lawyers to 45 and, in combination with its substantial and growing number of lawyers in Evansville (20), now has a total of 65 Indiana-based lawyers and 118 Kentucky-based lawyers.
Carmin Parker P.C. in Bloomington is now an office of Indianapolis-based Paganelli Law Group.
A sale-of-business provision in the agency’s new rules permits entering into a noncompete with a person who is selling a business or disposing of all of the person’s ownership interest in a business in a “bona fide sale.”
Concerned about Indiana’s rising health care costs, the Legislature this year approved a new law that will bring more scrutiny to health care mergers and acquisitions.
Traditional antitrust lawsuits have focused on the impact of mergers on consumers. But the Federal Trade Commission’s complaint regarding the proposed Kroger-Albertsons deal also notes that union grocery workers’ ability to leverage the threat of a boycott or strike to negotiate better terms would also be weakened.
JetBlue said Monday that even though both companies still believe in the deal, they were unlikely to meet the closing conditions required in the agreement before a July 24 deadline.
In 2023, attorneys saw venture capital exits at their lowest levels since the pandemic and 2008 market crash.
It seems these days that the only opportunity for mid-sized firms to expand geographic reach or to grow bench strength and revenue is to acquire or combine with like-minded competitors.
Our vision of being truly local and uniquely global has provided outstanding results for our firm, our partners and most importantly for our clients.
For some Indiana law firms involved with mergers and acquisitions, 2023 was a slower year.But attorneys like David Barrett, an executive partner in Faegre Drinker Biddle & Reath LLP’s Indianapolis office, say they expect things to pick up in 2024.
The conversation around artificial intelligence continues to swirl, including in the world of venture capital.
On Dec. 14, Indiana Lawyer will release its first ever M&A Monthly e-newsletter.
Amundsen Davis LLC, which has an Indianapolis office, has announced it will expand its operations and formally combine with the Columbus, Ohio-based law firm of Crabbe Brown & James LLP.
Faegre Drinker Biddle & Reath LLP hosted its 10th M&A Conference last week, continuing the evolution of an event that firm partner Jim Birge once feared was stale to something that he hopes is more interesting and relevant.
Effective New Year’s Eve, Taft Stettinius & Hollister and Jaffe Raitt Heuer & Weiss completed a combination first announced in September 2022. The move gives Taft — which has an office in Indianapolis — its first Michigan footprint.
The attorneys general of California, Illinois and the District of Columbia are suing Albertsons in an effort to stop the grocery chain from paying a nearly $4 billion dividend to its shareholders.