Cooley M&A

JULY 9, 2021

May 13, 2021), may provide new fodder for appraisal arbitrage. To determine the fair value of Regal’s common stock at the effective time of the merger, the court reduced the deal price by $3.77/share, Panera Bread was a publicly traded company that JAB Holdings B.V. *Source: Courthouse News Service and LexisNexis CourtLink.

Mergers and Acquisitions 52

Mergers and Acquisitions Sale Shares Entertainment 52

Cooley M&A

MARCH 2, 2021

A SPAC is a publicly traded shell company with no underlying operating business that seeks to merge with a target operating company. SPACs are predicted to be an even higher percentage of the 2021 market share, with SPACs representing 79% of the January IPOs. Special purpose acquisition companies (SPACs) are on the rise.

Securities 40

Securities IPO Mergers and Acquisitions Shares 40

The Harvard Law School Forum

OCTOBER 1, 2022

Although far from the sweeping tax reform that the Biden Administration had originally envisioned, one provision from the previously proposed “Build Back Better Act” that was included in the IRA is a new 1% non-deductible excise tax on stock repurchases by publicly traded U.S. corporations (the “Buyback Tax”).

Stock 94

Stock Corporation Public Trading M&A 94

Cooley M&A

JANUARY 22, 2021

But given the number of SPACs that went public in 2020 and have yet to announce a business combination (204 of 247), expect to see many more SPAC business combinations in 2021. As stock prices tumbled at the start of the pandemic, a cascade of companies adopted poison pills in an effort to stave off anticipated shareholder activism.

M&A 40

M&A IPO Mergers and Acquisitions Business 40

Transactional Delights

NOVEMBER 24, 2020

Following the November 2019 signing, covid hit and LVMH announced that it would not be able to close the deal by the agreement’s drop-dead date of November 24, 2020 [2] after the French Government sent a letter [3] to LVMH directing it to pause the deal until 2021. On Friday, October 25, the day before the leak TIF was trading at $98.55. [4]

M&A 40

M&A Mergers and Acquisitions IT Mergers 40

Cooley M&A

JANUARY 20, 2022

Although the COVID-19 pandemic that defined 2020 continued to shape much of the life sciences industry in 2021, the way that it did was markedly different. 2] Examples of this strategy coming to bear in 2021 included Thermo Fisher Scientific’s acquisition of PPD for $17.4 driven assets. term average of approximately 35%.

M&A 40

M&A Mergers and Acquisitions Pharmaceutical Mergers 40

Cooley M&A

JANUARY 25, 2023

billion, a 36% decrease from 2021’s record high of $1.1 As was the case in 2021, software deals remained the strongest performer within the tech sector, representing approximately 90% of tech M&A deals. Deal volumes dropped from $531.13 billion [1] during the first half of 2022 to $189.17 trillion. [2]

M&A 52

M&A Mergers and Acquisitions Private Equity Mergers 52

MergersCorp M&A International

MAY 27, 2025

Special Purpose Acquisition Companies (SPACs), once hailed as the “blank check” path to public markets, have experienced a rollercoaster ride over the past few years. After a boom in 2020 and 2021 that saw record-breaking volumes, the market cooled considerably in 2022 and 2023. The proceeds are held in a trust account.

IPO 52

IPO Mergers and Acquisitions Investors Negotiation 52