3M Looks to Big Law Trio to Lighten $33 Billion Liability Load

3M retained Wachtell, Lipton, Rosen & Katz to advise it on a tax-free spin-off of its health care business. The company will keep a roughly 20% stake in the medical supplies company that it will...

Cargill and Continental Grain Complete Acquisition of Sanderson Farms

Sanderson Farms' shares will no longer trade on the NASDAQ beginning July 22, 2022. Sanderson Farms shareholders are receiving $203.00 per each share of common stock they owned as of immediately...

Elon Musk Texted Twitter CEO About Lawyers Before Deal Pull-Out: Report

Elon Musk sent a text to Twitter CEO Parag Agrawal on June 28, informing him that the company's lawyers were trying to "cause trouble" "Your lawyers are using these conversations to cause trouble....

Twitter hires law firm Wachtell to sue Musk after pulling out of $44 billion deal

Twitter has hired U.S. law firm Wachtell, Lipton, Rosen & Katz LLP. The firm is preparing to sue Elon Musk and force him to complete the $44 billion acquisition of the social media company. Musk,...

Elon Musk and Twitter lawyer up ahead of a legal battle in Delaware

Twitter reportedly hired Wachtell, Lipton, Rosen & Katz, a firm notable enough to have its own Wikipedia page. Founder Martin Lipton is credited with inventing the shareholder rights plan or...

IRS boosts standard mileage rate deduction to 62.5 cents per mile, a 4 cent hike, as gas soars to more than $5 a gallon

Starting on July 1, the standard rate for eligible business trips will increase to 62.5 cents per mile. The rate for deductible medical or active-duty military moving will also increase by 4...

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