David J. Shaw

Money Moves

Led the FTC's review of the Publicis-LiveRamp deal

The Federal Trade Commission voted 2-0 on Oct. 19 to let Publicis Groupe finish its $2.2 billion purchase of LiveRamp, on condition that LiveRamp keeps serving rivals on equal terms for five years. Publicis must also wall off LiveRamp customer data from its own staff and submit to independent audits.

Updated Oct 20

Money Moves

As of May 2026: Architect of FTC consent order conditioning Boeing–Spirit merger

On December 8, 2025, Boeing completed its $4.7 billion acquisition of Spirit AeroSystems, valuing the deal at about $8.3 billion including debt. The transaction reversed a 2005 spin‑off that created the world's largest independent aerostructures supplier.

Updated May 10