Wachtell, Lipton, Rosen & Katz got some good news this week when two of 2011′s biggest deals-Google’s $12.5 billion purchase of Motorola Mobility and Capital One’s $9 billion acquisition of ING’s U.S. banking unit-were approved by regulators.

In a three-page Valentine’s Day memo penned by a team of Wachtell lawyers led by corporate partner and executive committee cochair Edward Herlihy, the firm praised the Federal Reserve System’s approval of Capital One’s purchase of ING Direct USA.

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