New York-based firms counseled The Michaels Companies in the transaction, which features a 47% premium for stockholders for the 1,275 store chain.
State Bar Disciplinary Actions
In its most recent monthly disciplinary report, the State Bar of Texas cited eight suspensions and six public reprimands. The violations ranged from failure to meet professional obligations to failure to account for client funds.
CDT Roundup: 9 Deals, 9 Firms, 153 Lawyers, $8.8B
Just when you thought it couldn’t get worse than a raging pandemic. Then comes a major energy grid collapse and water disruptions and a still-raging pandemic. And
on top of all that, it’s really, really cold. But if you’re inclined to feel sorry for yourself consider: You could be Michael Fallquist. That story and last week’s deals.
Shearman, Weil Advise on $1.15B SPAC Deal to Take Ardagh Metal Public
Ardagh Metals Group, Luxembourg-headquartered purveyor of metal beverage containers is combining with a Los Angeles-based SPAC. The result will be an $8.5 billion public company. And several Dallas-based lawyers took part.
Energy Transfer to Acquire Enable Midstream in $7.2B Deal; Latham, V&E Advise
[Updated to include new names]
The deal consolidates a large swath of energy pipelines across four states and aids Energy Transfer’s drive to deleverage its balance sheet. The Lawbook’s Allen Pusey has the names of the lawyers involved.
Mergermarket: Top 100 Texas M&A Deals for 2020
Here are the 100 largest M&A deals by value involving one or more Texas-based companies during 2020.
State Bar of Texas: 7 Judges, 19 Lawyers Cited
In its monthly report for January, the State Bar of Texas described disciplinary actions against 7 judges and 19 lawyers, including three disbarments, two resignations, nine suspensions and five public reprimands.
Wachtell, Kirkland Advise in $10.2B Thoma Bravo Acquisition of Real Page
Even after closing the Dallas-based company will continue to run under the current management, but as a
privately-held company and no longer listed on NASDAQ.
CDT Roundup: 15 Deals, 9 Firms, 122 Lawyers, $4.3B
If you were wondering where the energy deals went, don’t worry. Of the 15 deals last week 11 of them were in the energy space. Yes, they included some alt deals, but there were a few familiar names as well. They’re in the CDT Roundup.
CDT Roundup: 19 Deals, 10 Firms, 110 Lawyers, $7.8B
You know you’ve been through a tough year when Thanksgiving signals the beginning of its end. But a look at Texas transactions over the two weeks that included the holiday offers a glimpse of The Future. And it doesn’t look so bad. The CDT Roundup explains.