Psalm Cheung
Overview
Psalm is a partner in the Antitrust & Competition Practice Group in Kirkland’s Bay Area office. Her practice encompasses all aspects of antitrust and competition law, including merger clearance, government investigations and litigation and day-to-day antitrust compliance.
Psalm began her career as an antitrust, competition and foreign investment attorney in Toronto, Canada and has successfully represented clients before the Antitrust Division of the U.S. Department of Justice, the Federal Trade Commission, state Attorneys General and the Competition Bureau of Canada. She deftly counsels clients on how to navigate intensive federal and state investigations, complex Second Requests and other discovery processes, federal and administrative litigation and overall risk management.
Psalm regularly advises publicly traded companies, private equity sponsors and other privately owned businesses across a wide range of industries including consumer products, food & beverage, healthcare, energy, industrials and software.
Experience
Representative Matters
Psalm has advised clients on a broad array of public and non-public matters, including:
- Global Infrastructure Partners, a part of BlackRock, as co-lead investor with EQT on the $33.4 billion pending acquisition of The AES Corporation (NYSE:AES) by a consortium of investors.
- Waters Corporation (NYSE: WAT) on its $17.5 billion combination with the Biosciences & Diagnostic Solutions businesses of Becton, Dickinson and Company (NYSE: BDX) through a Reverse Morris Trust transaction.
- Kellanova (NYSE: K), formerly known as the Kellogg Company, on its $35.9 billion sale to Mars, Incorporated, securing unconditional clearance from the U.S. Federal Trade Commission.
- UnitedHealth Group (NYSE: UNH) on multiple matters, including its $3.3 billion acquisition of Amedisys, Inc. (Nasdaq: AMED), securing deal clearance following litigation and settlement with the U.S. Department of Justice and four state Attorneys General; and its $600 million acquisition of Crystal Run Healthcare, securing unconditional clearance from the U.S. Department of Justice following a full-phase investigation, including Second Request compliance.
- Occidental Petroleum Corporation (NYSE: OXY) on its $12 billion acquisition of CrownRock, L.P., securing unconditional clearance from the U.S. Federal Trade Commission following a full-phase investigation, including Second Request compliance.
- Southeastern Grocers Inc. on its comprehensive strategic divestiture of its businesses, including approximately 400 Winn-Dixie and Harveys Supermarkets locations sold to ALDI, 28 Fresco y Más stores sold to Fresco Retail Group, and all of its pharmacy assets sold to CVS and Walgreens.
- Celanese Corporation (NYSE: CE) on its $11 billion acquisition of DuPont’s Mobility & Materials business following a full-phase investigation, including Second Request compliance.
- Francisco Partners on various matters across its portfolio, including:
- its initial acquisition of and pending sale of Kobalt to Primary Wave Music;
- its acquisition of Elite from TPG Capital and Thomson Reuters (TSX / Nasdaq: TRI);
- its acquisition of AdvancedMD from Global Payments (NYSE: GPN);
- its sale of Sourcescrub to Datasite;
- its sale of QGenda to Hearst;
- its $1.7 billion take-private acquisition of Sumo Logic, Inc.;
- its acquisition of Litmos from SAP;
- its acquisition of bswift from CVS Health;
- its sale of Trellis Rx to CPS Solutions; and
- BARBRI Global’s acquisition of West Academic.
- Vista Equity Partners on various matters across its portfolio.
- Boston Medical Center on its acquisition in bankruptcy of two Massachusetts hospitals from Steward Health Care.
- Invitae, a provider of genetic testing services and digital health solutions, on its bankruptcy sale to Labcorp (NYSE: LH).
- LiveVox, a provider of a cloud-based contact center as a service platform, on its sale to NICE (Nasdaq: NICE).
- Secure Energy Services Inc. (TSX: SES), a Canadian oilfield services company, on its CAD$2.3-billion enterprise value merger with Tervita Corporation before the Canadian Competition Bureau, Competition Tribunal and Federal Court of Appeal of Canada.*
- Apax Partners on its acquisition of Herjavec Group, a global cybersecurity provider founded and led by Shark Tank star, Robert Herjavec.*
- LVMH Moët Hennessy Louis Vuitton S.E. on its $15.8 billion acquisition of Tiffany & Co.*
- Fitbit, Inc. on its $2.1 billion purchase by Google LLC.*
- Equinix, Inc. (Nasdaq: EQIX) on its CAD$1.04 billion acquisition of 25 data centers from Bell Canada (NYSE: BCE).*
*Prior to joining Kirkland
Prior Experience
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Credentials
Admissions & Qualifications
- California
- Ontario, Canada
Courts
- United States District Court for the Northern District of California
Education
- Osgoode Hall Law SchoolJ.D.2018
- Schulich School of BusinessM.B.A., Business Administration2018
- Schulich School of BusinessB.B.A., Business Administration2014