Steven Davidoff Solomon writes for The New York Times, December 10, 2014
“Delaware’s courts have not only changed how deals are done, but a recent spate of decisions shows that the state is king of the deal universe, setting and changing the rules by which deal makers play.”
Steven Davidoff Solomon writes for The New York Times, December 9, 2014
James J. Cramer, the frenetic host of “Mad Money” on CNBC and co-founder of TheStreet.com, has always argued that he is out there fighting for Main Street, teaching the little guy how to invest. But recent criticism of his compensation from TheStreet has instead painted him as something else: another greedy Wall Street executive looking out for himself but not shareholders.
Steven Davidoff Solomon writes for The New York Times, November 25, 2014
A recent judicial decision may just upend the hidden world of companies and “poison puts,” a world that frankly could use some clarity. … The “poison” is that the debt is often required to be bought back at a premium, or the company will be in a market where refinancing it is hard.
Steven Davidoff Solomon writes for The New York Times, November 18, 2014
While the Securities and Exchange Commission dawdles, states are rushing to adopt their own crowdfunding rules. Ironically, it may just be the thing that rescues crowdfunding from a regulatory death grip.
Steven Davidoff Solomon writes for The New York Times, November 17, 2014
It has been awhile since we’ve seen a deal day like Monday, with Halliburton announcing that it had reached a $34.6 billion deal to buy Baker Hughes and Allergan selling itself to Actavis for $66 billion. The deals show that the merger and acquisitions market is changing in some obvious and not so obvious ways that may change how companies are bought and sold.
Steven Davidoff Solomon writes for The New York Times, November 13, 2014
Comcast’s acquisition of Time Warner Cable has already drawn many heated detractors to urge the Federal Communications Commission to reject the deal. Now, it has been hit yet again by President Obama’s endorsement of net neutrality. Comcast may have buyer’s remorse, but it may find that ironically, the only way out is to have the F.C.C. block this deal.
Steven Davidoff Solomon writes for The New York Times, November 11, 2014
Sears Holdings is dying a slow, sad death led by its chief executive, Edward S. Lampert, and his hedge fund, ESL Investments, yet Wall Street is going mad over its stock. … on the announcement that the company might engage in a bit of financial engineering.
Steven Davidoff Solomon article cited in The American Lawyer, November 7, 2014
Steven Davidoff Solomon has a different view. … “The bottom is almost here for law schools. This is how economics works: Markets tend to overshoot on the way up, and down.” Solomon urges that the proper course is to keep marginal law schools such as Thomas Jefferson alive for a while “and see what happens.”
Steven Davidoff Solomon and Peter J. Henning write for The New York Times, November 6, 2014
“For those keeping score in the hostile battle for control over the Botox maker Allergan, the latest court ruling is a mixed bag.”
Steven Davidoff Solomon writes for The New York Times, November 4, 2014
It doesn’t take an economist to know that lower demand has hurt almost all law schools outside the top 10 terribly. Hardest hit are law schools in the lower tier, where law school applications have fallen even more rapidly.