Kenneth B. Schwartz

Mr. Schwartz routinely appears before the U.S. Department of Justice, the Federal Trade Commission and state antitrust authorities. He has assisted in numerous high-profile transactions, including:

• the unsecured creditors committee of American Airlines regarding the merger with US Airways;
• Ash Grove Cement Company in its $3.5 billion acquisition by CRH plc;
• Boral Limited in its $2.6 billion acquisition of Headwaters Incorporated;
• Builders FirstSource, Inc. in its all-stock merger transaction with BMC Stock Holdings, Inc. to create a combined company with an equity value of $5.5 billion;
• Caesars Entertainment Corporation in its $17.3 billion merger with Eldorado Resorts, Inc. and its $3.7 billion acquisition of William Hill plc;
• CF Industries in the sale of its phosphate business to The Mosaic Company and in an unsolicited bid for Terra Industries, Inc.;
• CME Group Inc. in its acquisition of NEX Group plc for $5.5 billion, including assumed debt; and in its joint venture with IHS Markit Ltd. to combine their post-trade services;
• CPI International, Inc. in its acquisition of the antenna systems business of General Dynamics;
• E. & J. Gallo Winery in its $1 billion purchase agreement with Constellation Brands;
• EMC Corporation in its $67 billion acquisition by Dell Inc.;
• EnergySolutions in a trial defending the company against the U.S. Department of Justice’s lawsuit to block Energy Solutions’ proposed $367 million acquisition of Waste Control Specialists;
• E*TRADE Financial Corporation in its $13 billion all-stock merger with Morgan Stanley;
• Key Safety Systems in its acquisition of substantially all of Japan-based Takata Corporation’s global assets and operations;
• Leidos Holdings Inc. in its $5 billion combination with the realigned information systems and global solutions business of Lockheed Martin Corporation in a Reverse Morris Trust transaction;
• Pinnacle Entertainment, Inc. in its acquisition by Penn National Gaming, Inc. in a cash and stock transaction valued at approximately $2.8 billion;
• Spotify Technology S.A. in numerous acquisitions, including Findaway World, Megaphone, Anchor FM, Podsights, Chartable and Gimlet Media;
• Vantiv in its $12 billion merger with Worldpay and Worldpay in its $43 billion merger with FIS; and
• XL Group in its $15.3 billion acquisition by AXA SA and its $4.2 billion cash-and-stock acquisition of Catlin Group Limited.

Mr. Schwartz regularly appears before the antitrust agencies in a variety of investigational contexts. In the area of general antitrust counseling, Mr. Schwartz advises clients on a variety of antitrust matters, including joint ventures, competitor collaborations, unilateral conduct, and pricing and distribution issues. He also frequently works with Skadden’s Financial Institutions Group on antitrust issues that arise in insurance M&A and regulatory matters.

Mr. Schwartz has been repeatedly selected for inclusion in Chambers USA: America’s Leading Lawyers for Business and has been named to The Best Lawyers in America. He is a regular columnist for the New York Law Journal. In 2012, he won the Institute of Competition Law’s Antitrust Academic Article Readers Award for “‘Tally Ho!’: UPP and the 2010 Horizontal Merger Guidelines,” co-authored with James Keyte.