Margaret T.
Segall

Ms. Segall has represented clients on antitrust issues in connection with numerous proposed or completed deals. These representations include:

• Cisco Systems’s pending $28 billion acquisition of Splunk;
• Biogen’s $7.3 billion acquisition of Reata Pharmaceuticals;
• Deutsche Börse AG’s €3.9 billion recommended takeover offer for SimCorp A/S;

• Altra Industrial’s $5 billion acquisition by Regal Rexnord;

• RWE AG’s $6.8 billion acquisition of Con Edison Clean Energy Businesses;

• ADT’s $1.2 billion equity investment from State Farm;

• Micro Focus’s $6 billion acquisition by OpenText Corp;

• Global Blood Therapeutics’s $5.4 billion acquisition by Pfizer;

• Viatris’s $3.335 billion combination of its biosimilars portfolio with Biocon Biologics;
• Afterpay Limited’s $29 billion acquisition by Square;
• GW Pharmaceuticals plc’s $7.2 billion acquisition by Jazz Pharmaceuticals plc;
• National Grid’s £7.8 billion acquisition of Western Power Distribution from PPL and the $3.8 billion sale of Narragansett Electric to PPL;
• AerCap Holdings N.V.’s $30 billion acquisition of GE Capital Aviation Services and $5.4 billion acquisition of International Lease Finance Corporation;
• DiaSorin S.p.A.’s $1.8 billion acquisition of Luminex Corporation;
• Centrica plc’s $3.625 billion divestiture of its North American energy supply, services and trading business (Direct Energy) to NRG Energy;
• Mylan N.V.’s $50 billion combination with Upjohn, a division of Pfizer, to form Viatris; its $9.9 billion acquisition of Meda and its $5.6 billion acquisition of Abbott Laboratories’ non-U.S. developed markets specialty and branded generics business;
• Occidental Petroleum Corp.’s $57 billion acquisition of Anadarko Petroleum Corp.;
• US Foods Holding Corp.’s $1.8 billion acquisition of five operating companies of Services Group of America;
• Pinnacle Foods Inc.’s $10.9 billion acquisition by Conagra Brands, Inc.;
• Time Warner Inc.’s $109 billion sale to AT&T, including winning the lawsuit filed by the DOJ seeking to block the merger, which culminated in a six-week trial;
• DreamWorks Animation SKG, Inc.’s $4.1 billion sale to NBCUniversal, LLC, a division of Comcast Corporation;
• Anheuser-Busch InBev’s $123 billion acquisition of SABMiller and the $12 billion sale of SABMiller’s U.S. and global Miller-branded businesses to Molson Coors;
• Alere’s $8 billion acquisition by Abbott Laboratories;
• H.J. Heinz Company’s $60 billion merger with Kraft Foods Group to create The Kraft Heinz Company;
• Unilever’s acquisitions of Murad and Dermalogica and its $2.15 billion sale of its North America pasta sauces business under the Ragú and Bertolli brands to Mizkan Group;
• Integrys Energy Group’s $9.1 billion acquisition by Wisconsin Energy Corporation;
• InterMune’s $8.9 billion acquisition by Roche;
• Grupo Modelo’s $20.1 billion acquisition by Anheuser-Busch InBev;
• Zale Corporation’s $1.4 billion acquisition by Signet Jewelers; and
• Life Technologies’ $15.8 billion sale to Thermo Fisher Scientific.

Additionally, Ms. Segall is representing Corteva in antitrust litigation brought by the Federal Trade Commission (FTC) and 10 state attorneys general challenging certain of its rebate pricing programs as anticompetitive, as well as more than two dozen related putative class actions, centralized in North Carolina federal court, filed in the wake of the FTC’s complaint. She recently was part of the team representing Amgen in successfully defending against an FTC challenge to its $27.8 billion acquisition of Horizon Therapeutics, the largest in Amgen’s history, securing a consent order that ended all litigation and cleared the path for the deal to close. In connection with this victory, the Cravath team was recognized as The American Lawyer’s “Litigators of the Week.”

Ms. Segall has been repeatedly recognized for her antitrust work by Chambers USA and The Legal 500 US, including being recommended as a Leading Lawyer for antitrust merger control. She has been named to Crain’s New York Business’s list of “Notable Women in Law,” Bloomberg Law’s “40 Under 40” list and Global Competition Review’s “40 Under 40” list, which recognizes the top young antitrust lawyers in the world. Who’s Who Legal has also consistently recommended Ms. Segall for her antitrust work, including recently naming her the “Most Highly Regarded Future Leader” in Competition in North America. Benchmark Litigation has named Ms. Segall a “Future Star” and included her on its “40 & Under List,” and Lawdragon has included her on its “500 Leading Litigators in America” list. She was also recently recognized as one of Law360’s “Rising Stars” in Competition and received Euromoney Legal Media Group’s Rising Star Award for “Best in Antitrust/Competition.”

Ms. Segall is a Fellow of the American Bar Foundation and is a member of the International Bar Association’s, American Bar Association’s and the New York State Bar Association’s Antitrust Sections.

Ms. Segall was born in Ann Arbor, Michigan. She received an A.B. magna cum laude from Harvard College in 2003, where she concentrated in History. She received a J.D. cum laude from Harvard Law School in 2008, where she was a member of the Board of Student Advisors and the International Law Journal and the president of Harvard Law School’s wine appreciation society.

Ms. Segall joined Cravath in 2008 and was elected a partner in 2016.