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Cash-Laden Companies Are on a Mergers and Acquisitions Spree


The Depop app on a smartphone. Etsy last month agreed to buy London-based shopping app for $1.62 billion. (Photo: Bloomberg)
Businesses spent $1.74 trillion on mergers and acquisitions involving U.S. companies during the first six months of the year the highest amount in more than four decades as finance chiefs tapped into cheap funding options to acquire technologies, services and other assets.
Such transactions surged in value in the first six months of the year, up from $511.79 billion during the year-ago period and $1.28 trillion in the first six months of 2019, before the pandemic, according to data provider Refinitiv, which began tracking deals in 1980. ....

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O'Melveny to Add Six New Partners in 2021


O Melveny to Add Six New Partners in 2021
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NEW YORK, Dec. 21, 2020 /PRNewswire/  O Melveny announced today that it has elected six lawyers across multiple practice areas to its 2021 partner class: Justine Daniels (Los Angeles), Brad Garcia (Washington, DC), Noah Kornblith (San Francisco), Stephen McIntyre (Los Angeles), Brittany Rogers (Los Angeles), and Jonathan Schneller (Los Angeles).
Justine Daniels
Jonathan Schneller
We are proud to welcome these outstanding lawyers into the partnership, said Bradley J. Butwin, chair of O Melveny. They are dynamic leaders and role models who represent the best of our firm. Together, they will ensure that O Melveny provides our clients with superior lawyering today and well into the future. ....

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