DBJ: Topgolf CEO Discusses Merger with Callaway
In an interview with the Dallas Business Journal, Topgolf CEO Dolf Berle also gave the skinny on the company's plans for global expansion and his transition out of the CEO role in 2021.
CDT Roundup: 14 Deals, 10 Firms, 157 Lawyers, $864.1M
In 2020, and for the first time in more than two decades, there were no FIDs made in LNG projects in the US. Blame that on the pandemic. But not to worry, there are enough projects on the boards to make LNG increasingly relevant, even under a Biden administration. The CDT Roundup explains.
CDT Roundup: 13 Deals, 9 Firms, 129 Lawyers, $6.3B
The politics of energy popped up briefly during the election. But according to GlobalData the votes that matter in the energy business, capex investments, have already been counted. Follow the money, and last week's deals in the CDT Roundup.
CDT Roundup: 10 Deals, 8 Firms, 103 Lawyers, $4B
It's hard to say where the current capital markets would be without special purpose acquisition corporations. But it's not hard at all to say that they are becoming more and more important. The CDT Roundup explores.
Mergermarket Q3 Law Firm Deal Value Leaders: Alston & Bird, White & Case and Simpson Thacher
Nearly all the firms handling the largest M&A deals in Texas are based outside of the state. Nearly a half of them have no office in Texas. And only three of the top 40 are headquartered in Dallas or Houston. The deal value rankings can be highly misleading, and all legal analysts agree it is an inferior measure to deal count rankings. Even so, it is a fun number to discuss. So, we do.
Weil, Latham Advise on Topgolf/Callaway Merger
A Weil team from Dallas co-led the $2.5 billion merger of Topgolf with Callaway. A California-led team from Latham advised Callaway. The Texas Lawbook has the names of the lawyers involved.
CDT Roundup: 6 Deals, 6 Firms, 58 Lawyers, $18.1B
There were two massive deals this past week in the energy space which together were worth $17.1 billion. Does this mark a change in the current M&A environment? Maybe. But the real change may lie much deeper in the numbers. The CDT Roundup explains.
Dykema M&A Survey Reveals Guarded Optimism
Dykema's 16th Annual M&A Survey is out, and the results are upbeat — but cautious. COVID-19 is the culprit, of course, but respondents were considerably more positive than this time last year. In a week that began with a stock market tumble fueled by a mixed government response to COVID-19, more than 70% of the nation's top business executives surveyed said they are essentially optimistic that the market for mergers and acquisitions will strengthen in the next 12 months. The Lawbook has the details.