Insights: M&A

Mergers & Acquisitions

Aya/Cross Country

A recent article from Dealreporter reports that the FTC has been deposing third parties, including competitors and customers. The publication also reports that FTC staff is assessing the impact of the merger on travel nurse competition in California and Midwest markets, as well as Baltimore.

Mergers & Acquisitions

Dick’s/Foot Locker

Based on research to date, we continue to expect that Dick’s/Foot Locker is likely to receive a second request. Our recent work has largely consisted of an in-depth analysis of over two hundred local markets where both companies have store locations. Our research indicates a conservative estimate of 43-to-63 overlapping markets where the...

Mergers & Acquisitions

Omnicom/Interpublic

Various news outlets, including the New York Times, Bloomberg, and Reuters reported last week that the companies and FTC are in discussions over a consent decree intended to prevent the combined company from boycotting media companies due to their political content. This news comes on the heels of reports that the FTC has requested information...

Mergers & Acquisitions

Salesforce/Informatica

Per the terms of the Merger Agreement (MA), the companies are set to file HSR by June 25, 2025. Recent clearances of several high-profile deals, as well as DOJ Deputy AG (DAAG) Bill Rinner’s remarks last week that competitively neutral deals should not be the subject of a “regulatory review tax” could bode well for Salesforce/Informatica’s...

Mergers & Acquisitions

Aya Healthcare/Cross Country

We believe the companies may be in a position to certify compliance with the FTC’s second request (104 days and counting) as soon as next month. Given the December 3, 2025 terminate date under the Merger Agreement (MA), the companies should be highly sensitive to the duration of this investigation, and if they do not believe any enforcement...

Mergers & Acquisitions

Dick’s/Foot Locker

Per the terms of the Merger Agreement (MA), the companies are set to file HSR by June 24, 2025.