Updated Merger Guidelines Present New Challenges for Boards

By Michael W. Peregrine and Stephen Y. Wu


Directorship Magazine

Boards across industry sectors must consider yet another set of governance and strategic challenges in the form of proposed updated Merger Guidelines, jointly released on July 19 by the US Department of Justice (DOJ) and the Federal Trade Commission (FTC).
Corporate governance law has long held heightened standards for board review of major inorganic transactions such as mergers and acquisitions (M&A)...

Photo credit: stock.adobe.com/Nespix


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Michael W. Peregrine
Michael W. Peregrine is a partner in the Chicago office of McDermott Will & Emery. His views do not necessarily represent the views of McDermott Will & Emery or its clients.

Stephen Y. Wu is a partner in the Chicago office of McDermott Will & Emery, where he represents health industry clients on antitrust issues.


This article is from the Fall 2023 issue of Directorship.