Practice Areas & Industries: Wachtell, Lipton, Rosen & Katz

Practice/Industry Group Overview

Wachtell Lipton's antitrust practice focuses on mergers and acquisitions, government investigations, including international antitrust and banking antitrust issues. Wachtell Lipton analyzes transactions to determine whether they raise antitrust issues, develops strategies to address those issues, and represents clients before enforcement officials in the United States, including the U.S. Department of Justice, the Federal Trade Commission, the Board of Governors of the Federal Reserve System, state attorneys general, foreign antitrust enforcement authorities, and in litigation challenging transactions on antitrust grounds. Since the beginning of 2005, Wachtell Lipton has represented, among others, PNC Financial in its $8.0 billion acquisition of Mercantile Bankshares; Thermo Electron in its $12.0 billion sale to Fisher; Iscar in its $5.0 billion sale to Berkshire Hathaway; Maytag in its $2.7 billion sale to Whirlpool; Lucent Technologies in its $18.7 billion merger-of-equals with Alcatel; Knight-Ridder in its $6.6 billion sale to McClatchy; JPMorgan Chase in its $4.0 billion asset swap with Bank of New York; ConocoPhillips in its $35.6 billion acquisition of Burlington Resources and its joint venture with EnCana; Golden West Financial in its $25.5 billion acquisition by Wachovia; Regions Financial in its $10.0 billion acquisition of AmSouth; Service Corp International in its $1.1 billion acquisition of Alderwoods Group; AMC Entertainment in its $3.8 billion merger with Loews Cineplex Entertainment Corp.; SUPERVALU in its $15.7 billion acquisition of Albertsons; Unocal in its $16.6 billion sale to Chevron; MBNA in its $33.0 billion acquisition by Bank of America; AT&T Corp. in its $22.5 billion acquisition by SBC Communications; Western Wireless in its $6.0 billion acquisition by ALLTEL; Valero in its $2.8 billion acquisition of Kaneb Pipe Line; Valero Energy in its $8.0 billion acquisition of Premcor; the New York Stock Exchange in its $4.3 billion merger with Archipelago Holdings; Instinet in its $1.88 billion acquisition by Nasdaq; and the NYSE Group in its $21.0 billion merger with Euronext.