Joel Greenberg Quoted in Reuters DealZone on Heightened Antitrust Scrutiny of M&A Deals in the Obama Administration

Joel I. Greenberg, Partner and Co-Chair of the Corporate & Finance Department, was quoted in the August 12, 2009 Reuters DealZone article, "Stringent US antitrust regime adds to M&A hurdles." The article discusses the administration's more aggressive antitrust review of proposed mergers and acquisitions, particularly in the context of companies with large market positions. Mr. Greenberg said " the change in antitrust regime made buyers and sellers more cautious in any deal that might have antitrust ramifications." Further, "it will also lead to increased transaction costs, as antitrust and M&A lawyers shape deals to prepare for obstacles in Washington....
[C]ompanies would likely need to structure deals to prepare for longer waits for antitrust approval, including writing more specific clauses to account for possible material changes."