DealLawyers.com Blog

Yesterday, the SEC’s Division of Economic and Risk Analysis (DERA) announced the publication of a white paper intended to provide the public with information about changes in M&A activity over time. DERA used data on deals completed from 1990 to 2024 involving U.S.-based public and private acquirers and targets and at least a 50% stake purchased. The white paper analyzes:

– The U.S. M&A market over the past 35 years

– For recent (2020-2024) transactions, characteristics of a typical M&A deal and companies involved in it

– Geographic breakdowns based on acquirer and target locations within the U.S.

– Deals involving SPACs

– M&A-related delistings

– Cross-border deals

– Deals involving subsidiaries

– Incidence of withdrawn deals

– Meredith Ervine