Technology, M&A, Digital Infrastructure & Corporate Governance
Palo Alto
In March 2025, Mike Ringler and his team at Sullivan & Cromwell LLP faced a structuring problem with no precedent: merging xAI and X, two companies under the same ownership but with entirely different shareholder bases and corporate structures. "Even though they were companies managed and controlled by the same person, they had vastly different shareholders and structures which was qui...
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