On behalf of Daniel Watkins of Watkins Firm, A Professional Corporation posted on Saturday, February 4, 2012. With the recent bankruptcy filing by American Airlines (AA), the airline industry is once again in a state of flux. In fact, with only five major air carriers remaining, AA’s financial difficulties have resulted in an opportunity for...
Acquisitions of pharmaceutical businesses on the rise
On behalf of Daniel Watkins of Watkins Firm, A Professional Corporation posted on Thursday, January 12, 2012. In recent years, there has been an increase in the acquisition of pharmaceutical companies. Bristol-Myers Squibb Co. has been one of the major players in this area of acquisitions as it has, in fact, entered into 18...
Leap Wireless, Verizon to acquire business assets from each other
On behalf of Daniel Watkins of Watkins Firm, A Professional Corporation posted on Wednesday, December 7, 2011. San Diego’s Leap Wireless and cell phone giant Verizon have negotiated a plan to swap wireless spectrum, the air wave frequencies that carry wireless signals, in some U.S. markets. The carefully planned acquisition of what is clearly a very...
Energy, optics companies announce joint venture in San Diego
On behalf of Daniel Watkins of Watkins Firm, A Professional Corporation posted on Wednesday, November 23, 2011. In a move that signals more hope for affordable renewable energy sources in the United States, a French semiconductor company that produces concentrating photovoltaic solar products has announced a joint venture with Reflexite Energy Solutions to make lenses...
Health care companies are attractive acquisition targets
On behalf of Daniel Watkins of Watkins Firm, A Professional Corporation posted on Thursday, November 17, 2011. Market saturation and recent profit margin-squeezing health care reform have made one sector of the health care industry a prime target for companies seeking acquisitions. San Diego mergers and acquisitions attorneys have noticed that large, managed health care companies...
More Google acquisitions in the news
On behalf of Daniel Watkins of Watkins Firm, A Professional Corporation posted on Wednesday, November 2, 2011. Google Inc., based in Mountain View, California, has been very busy this year with acquisitions. In a previous post, we reported on Google’s purchase of ITA Software Inc., a travel data provider, for $676 million. We have...
Shareholder suits settled by Del Monte and Barclays
On behalf of Daniel Watkins of Watkins Firm, A Professional Corporation posted on Friday, October 7, 2011. Shareholders of the Del Monte Corporation who were dissatisfied with the actions of the company’s board and the company’s financial advisor, Barclays Capital, sued both Del Monte and Barclays for failing to act in the shareholders’ best...
Charlie Sheen, Warner Brothers settle contract dispute
On behalf of Daniel Watkins of Watkins Firm, A Professional Corporation posted on Wednesday, September 28, 2011. At last, the ongoing contract dispute between Warner Brothers and Charlie Sheen has been settled. Monday evening, August 26, both sides agreed to a settlement of the lawsuit concerning the contractual differences between Sheen and Warner Brothers....
Critics oppose proposed acquisition of ING by Capital One
On behalf of Daniel Watkins of Watkins Firm, A Professional Corporation posted on Friday, September 23, 2011. A bank best known for its booming credit card business, Capital One, would like to acquire another banking giant, ING Direct USA, for $9 billion. The biggest potential roadblock for the deal is the Dodd-Frank Act, which...