M&A activity may have been down across Texas in 2020, but Gibson Dunn partner Jeff Chapman had the busiest year of his 37-year career. He worked on six billion-dollar-plus transactions and a few smaller deals. But there is much more to Chapman’s story than dealmaking.
CDT Roundup: 18 Deals, 13 Firms, 153 Lawyers, $9.75B
Recent rig count stats suggest a modest rebound in oil and gas. Crude oil prices hovering around $60 per barrel suggest that optimism isn’t just a guess. The question is whether higher commodity prices mean a future for new production, or simply a better return on the O&G already drilled. In the Corporate Deal Tracker Roundup, Caroline Evans looks at the evidence, along with last week’s deals.
DBJ: Frisco Video Game Company Getting Acquired in Massive Deal Worth Up to $1.3B
The maker of “Borderlands” has agreed to a transaction that will make it a wholly-owned subsidiary of Sweden’s Embracer Group. Brian Womack of the Dallas Business Journal has the details.
CDT Roundup: 18 Deals, 9 Firms, 182 Lawyers, $9.5B
SPAC deals have become a phenomenon during the last few months. That’s because they offer a path to going public that is easier than traditional routes. That said, there may be a downside to the new tool. Caroline Evans discusses along with last week’s deals in the CDT Roundup.
Fertitta Empire to Go Public via $1.4 Billion SPAC Deal
In his third SPAC transactions in a matter of weeks, Houston entertainment entrepreneur Tilman Fertitta is taking his restaurant and gaming assets public. Caroline Evans has the names of those involved in the merger of his $6.6B company with a $200 million special acquisition entity known as FAST.
Sheppard Mullin, Kirkland Advise on $1.6 Billion Blackstone Deal to Acquire Interior Logic Group
The Carrollton-based company offers broader visualization of construction projects. Caroline Evans has details of the deal.
CDT Roundup: 14 Deals, 8 Firms, 118 Lawyers, $8.15B
The discussion surrounding carbon capture has, to this point, been pretty much just that. But a $100 million offer by Elon Musk for new technology that can make it happen adds new credibility to the idea. In the CDT Roundup Caroline Evans reviews the reaction to Musk’s offer as well as last week’s transactions.
Like Everything Else, Top Muni Bond Issues of 2020 Were… Complicated
It is no surprise that the pandemic touched everything. But bond counsel and bond issuers found novel ways to beat the pandemic. Nushin Huq describes the problems, the solutions and the Top 10 bond deals of 2020.
Another Fertitta SPAC Deal; This One for $875M
The SPAC market’s hot streak continues with a multibillion-dollar deal involving a blank-check firm helmed by Houston hospitality mogul and NBA team owner Tilman Fertitta. White & Case and Ropes & Gray are advising.
Latham Advises on Two $1B+ SPAC Deals
The two deals, part of a huge spate of SPACs advised by Latham involve business software and solar fintech. Caroline Evans has the names of the lawyers involved.
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