Merger Clearance
Cleary M&A and Corporate Governance Watch
Read our blogNo. 2 for Cross Border Announced M&A (By Value)
Bloomberg, FY 2023
“They have their finger on the pulse of the M&A world.”
Chambers USA (Corporate/M&A: The Elite, New York)
Cleary Gottlieb represents a diverse range of international and domestic companies and financial institutions in large-scale mergers, acquisitions and standard-setting transactions in the United States, Europe, Latin America and Asia.
Since 2008, Cleary has been counsel in over 1,400 completed M&A transactions worldwide valued at over $3 trillion, including more than 700 cross-border transactions valued at over $1.2 trillion (Thomson Reuters). Our lawyers advise on all aspects of the sale process, including working with the company’s financial advisors and board to ensure that the process is managed effectively. The firm’s M&A teams have experience in all aspects of corporate governance, helping clients prepare for and respond to activism and proxy contests and any related litigation.
Our unified global practice has over 300 lawyers focusing on aspects of M&A, and most of our M&A partners globally are rated as leaders in their field by authoritative publications such as Chambers and The American Lawyer.
The M&A teams in the U.S., Europe, Latin America and Asia have deep knowledge of local law and business custom and a peerless global reputation for handling headline transactions across the full array of industries. Cleary coordinates the firm-wide efforts of corporate, securities, finance, antitrust, tax, and executive compensation and benefits lawyers to advise companies and their boards on:
- Making acquisitions, merging or being acquired
- Fending off hostile takeovers
- Minimizing risk
- M&A financial strategy
- Joint ventures
- Private equity-based transactions
- Spin-offs, split-offs, divestitures, joint ventures and carve-outs
- Minority investments in public and private companies
- Related party and other “conflict” M&A scenarios
- Dual-track processes
Notable Experience
Notable Experience
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T-Mobile US and Deutsche Telekom in T-Mobile US’s merger with Sprint Corporation for a total combined enterprise value of $146 billion, including in defending litigation brought by a coalition of state attorneys general challenging the merger.
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PeopleSoft as an interested party in the DOJ’s suit challenging its $10 billion acquisition by Oracle Corporation, and in defending litigation brought by Oracle and some PeopleSoft shareholders opposing the merger.
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Equitable Resources in winning dismissal of antitrust claims brought by the FTC relating to Equitable’s proposed acquisition of The People’s Natural Gas Company.
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AspenTech in the FTC’s challenge to its acquisition of Hyprotech in the industrial process software market; Cleary was asked to take over AspenTech’s defense when the FTC filed suit. The case was resolved with AspenTech being allowed to keep the assets acquired.
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10X Genomics as plaintiff in an ongoing challenge of the 2017 merger of Bio-Rad and RainDance, former competitors in the biotech sector.
Publications
Events
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December 4, 2024
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May 3, 2024
ABA’s Takeaways From the Trenches: The JetBlue/Spirit Merger Trial
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November 13, 2023
Milan Bar Council Course on Merger Control and Competition Law