Insights | Meridian Research Group | Page 49

Mergers & Acquisitions

Omnicom/Interpublic

Recent/upcoming developments… The merger’s 30-day HSR waiting period is set to expire on February 6. Our outlook… We expect the companies will receive a second request this week unless they pull and refile their HSR filing. However, we believe a decision to issue a second request would be driven more by political considerations than substantive...

Mergers & Acquisitions

Upcoming/recent developments… The DOJ filed a lawsuit last week seeking to enjoin the proposed merger. The case was assigned yesterday to Northern California Federal District Court Judge P. Casey Pitts, a 2022 Biden appointee. After graduating from Yale law school in 2008, Pitts clerked for 9th Circuit Court Judge Stephen Reinhardt and...

Mergers & Acquisitions

Omnicom/Interpublic

The merger’s 30-day HSR waiting period is set to expire on February 6.

Mergers & Acquisitions

he DOJ filed a lawsuit last week seeking to enjoin the proposed merger. The case was assigned yesterday to Northern California Federal District Court Judge P. Casey Pitts, a 2022 Biden appointee. After graduating from Yale law school in 2008, Pitts clerked for 9th Circuit Court Judge Stephen Reinhardt and subsequently spent most of his legal...

Mergers & Acquisitions

The provisional deadline for the U.K. Competition and Markets Authority’s (CMA) Phase 1 review is February 25, 2025. The Australian Competition and Consumer Commission’s (ACCC) initial review concludes on March 20, 2025. Meanwhile, the FTC’s second request is over 7 months old and counting. If it appears that the CMA and ACCC are likely to clear...

Tech / Media / Telecom

President Trump has made repeated comments this week indicating that negotiations are underway regarding a divestment of TikTok’s U.S. operations. He has also floated the idea of the U.S. government owning 50% of the company, which has evoked a skeptical response from some Congressional Republicans. And, reports suggest that the White House is...