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30 10, 2019

HP wins $176M verdict over Taiwanese firm

By |2019-10-30T02:57:50+00:00October 30th, 2019|Big Law|0 Comments

A Houston federal jury has hit a Taiwanese CD-ROM manufacturer with a $176 million verdict after determining the company and its U.S. affiliate knowingly and intentionally violated U.S. antitrust laws. The unanimous verdict, which the jury reached Tuesday after a weeklong trial and less than [...]

30 10, 2019

America’s largest private coal miner files for bankruptcy

By |2019-10-30T02:57:53+00:00October 30th, 2019|Big Law|0 Comments

The slow death of the American coal industry has forced Murray Energy, the largest private coal miner in the United States, to file for bankruptcy protection Tuesday. Murray Energy's bankruptcy has been telegraphed for years. It recently failed to make payments to lenders, and the company [...]

30 10, 2019

Advent wins EU approval for $5B Cobham deal,

By |2019-10-30T04:03:23+00:00October 30th, 2019|Big Law|0 Comments

U.S. private equity firm Advent International said it had won approval from European Union, U.S. and Finnish regulators for its $5 billion acquisition of British defense company Cobham, as it continues to wait for U.K. approval. Britain has intervened in the deal on national security [...]

29 10, 2019

Luxury goods giant LVMH eyes $14.5B Tiffany takeover

By |2019-10-29T04:03:24+00:00October 29th, 2019|Big Law|0 Comments

US-based Tiffany says it is "reviewing" a takeover offer worth about $14.5bn (£11.3bn) from the world's biggest luxury goods company, LVMH. The companies confirmed the offer in separate statements on Monday, with the 182-year-old Tiffany saying there are currently no talks. LVMH, owned by France's [...]

29 10, 2019

Prologis to buy warehouse rival Liberty in $12.6B deal

By |2019-10-29T04:03:19+00:00October 29th, 2019|Big Law|0 Comments

Warehouse giant Prologis Inc said it had agreed to acquire rival industrial real-estate business Liberty Property Trust (LPT.N) in a $12.6 billion deal to improve its U.S. presence amid the ecommerce boom. If approved, Prologis said Liberty shareholders would receive 0.675 times a Prologis share [...]

28 10, 2019

Allergan to book $750M pre-tax charge after settlement of Navenda suit

By |2019-10-28T23:54:59+00:00October 28th, 2019|Big Law|0 Comments

Botox maker Allergan Plc said Monday it expects to book a pre-tax charge of $750 million in the third quarter after its Forest subsidiaries settled an antitrust class action suit brought by direct purchasers of Namenda, a treatment for dementia associated with Alzheimer's disease. Forest will [...]

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