Thomas Lang in Law360: Merger Reviews To Watch In 2016


Megamergers between rivals abounded in 2015, from two of the world's biggest brewers deciding to join forces to the only remaining office supply superstore chains in the nation taking another crack at a deal the government shot down in the 1990s, leaving antitrust enforcers plenty to mull over in 2016...

One of the biggest and last deals to be announced in 2015 was Dow Chemical Co.'s plan to join forces with DuPont Co. in a merger of equals that will create an industry behemoth with a combined market capitalization of $130 billion.

The two companies then plan to spin off into three independent, publicly traded companies: an agriculture company, a material science company and a specialty products company...

"There aren't that many major chemical company mergers generally and then to have one of this size and importance with the large number of product lines across a wide variety of product types: chemicals, performance chemicals, agriculture," said Haynes and Boone LLP's Thomas Lang. "This is a complicated transaction and the number of different experts and different that's going to be required to review this merger makes it likely to take a long time."

Excerpted from Law360. To read the full article, click here (subscription required).

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