Wells Fargo & Co. got less than it wanted in a federal tax-refund lawsuit, yet the bank’s partial victory may spur billions of dollars in similar refund claims from companies that have done repeated mergers and acquisitions, tax lawyers say.
Staples and Office Depot said Tuesday they are scrapping their planned $6.3 billion merger after a federal judge blocked the deal, saying the government had made the case that the combination would likely hurt competition in office supplies.
The 91 law firm combinations announced in the United States last year is the highest annual total recorded by Altman Weil MergerLine, which has been compiling this data for nine years.
Health companies saying they need to consolidate to preserve their heft when negotiating with service providers isn’t enough to justify mergers, a top U.S. antitrust enforcer said Friday in comments that could hint at the Justice Department’s thinking on two major health insurance deals.
Shareholder activism continued to intensify during the spring 2015 proxy season. More companies were the targets of activist campaigns and were forced to engage with shareholders, according to a survey by Shearman & Sterling LLP.
Law firm mergers show no signs of abating. That’s the takeaway from a report from legal consultant Altman Weil Inc., which tracks the number of combinations — both large and small – among firms.
The Indiana Supreme Court has agreed to hear a case involving Zionsville’s ability to merge with Perry Township.
The handful of Hoosier law firms that combined during the last two years highlight a pair of emerging trends of interest to those who watch law firm merger and acquisition activity.
In another active year of law firm mergers and acquisitions, Indiana attorneys’ offices are, so far, remaining on the sidelines.
Eighty-two law firm combinations were announced last year in the United States, a 7 percent decline from 2013’s 88 mergers, according to Altman Weil Inc.
Longtime lawyers say the firm’s legacy positions it for more growth.
A 20-lawyer firm in Evansville announced its merger with one of the nation’s 250 largest law firms effective July 1.
The quest for expansion at Bingham Greenebaum Doll and other large firms in Indianapolis may signal more mergers.
Law firm combinations were up 47 percent in 2013, which is the highest number of combinations recorded in the seven years that Altman Weil MergerLine has been compiling data, the organization announced Wednesday.
The recent Taft merger shows that expansion leads to a shrinking of traditional “home office” roles.
This summer, Altman Weil Inc. predicted 2013 could be a record year for law firm mergers and acquisitions. Turns out, the legal consulting company was correct: 78 law firm mergers have occurred this year, taking down the previous record of 70 mergers and acquisitions in one year.
The Midwest legal firm Taft Stettinius & Hollister LLP will enter its largest market, announcing Tuesday its merger with a 70-lawyer Chicago firm.
The Fort Wayne law firms of Carson Boxberger LLP and Federoff Kuchmay LLP have merged, growing Carson Boxberger from a staff of 24 to 27 attorneys. The merger was effective Sept. 1.
Two law firms in New Albany are joining together to form a 14-attorney office with expanded practice areas.
In the manufacturing hub of Elkhart, attorney Mike Pianowski has noticed the mergers and acquisitions market rebounding.