Bloomberg Law

Broadcom’s $61 Billion VMware Deal Cleared by UK

Broadcom Inc.’s $61 billion takeover of VMware Inc. was cleared by the UK’s antitrust watchdog, paving the way for one of the largest-ever tech deals.

Perrigo Investor Claims Trimmed on Way to Trial Over Mylan Bid

Perrigo Co. PLC investors have a smaller foothold as they proceed toward trial on allegations that the pharmaceutical company overstated its value to fight a takeover attempt by Mylan NV in 2015, leading to a stock drop.

Cargill, Tysons Win Dismissal of Antitrust Claims From Ranchers

A federal judge dismissed antitrust claims filed by a putative class of cattle ranchers suing some of the world’s largest meatpackers in a longrunning case that alleges an industry-wide scheme to fix beef prices.

Kroger-Albertsons Deal Should Be Blocked, State Officials Urge

Officials in seven Democratic-led states pushed the FTC to block Kroger Co.'s proposed $24.6 billion acquisition of rival grocery giant Albertsons Cos., arguing the combined entity would control nearly a quarter of the food retail market.

Corporate Legal Departments Start Embracing AI, Cautiously

Generative artificial intelligence is on the verge of transforming how corporate legal departments deal with routine functions—even as it creates new obstacles that must be navigated.

Latest Stories

Microsoft, Activision Deal Back in Play as UK Reopens Probe

The UK opened a fresh probe into Microsoft Corp.’s $69 billion Activision Blizzard Inc. acquisition after the tech giant submitted a substantially different deal to, the country’s antitrust watchdog effectively breathing life into a deal recently thought moribund.

Microsoft Concedes Activision Cloud Streaming Rights to Ubisoft

Microsoft Corp. said it will give Ubisoft Entertainment SA the cloud streaming rights for all of Activision Blizzard Inc.’s console games released in the next 15 years in order to placate regulators reviewing its $69 billion deal for the Call of Duty maker.