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Fiat Chrysler is the smallest of Detroit's 'Big Three' automakers. But it could become a lot bigger if it merged with General Motors.

If such a merger happened, it would likely have the blessing of President-elect Donald Trump -- and presumably the regulators working for his administration. At least, that's what Fiat Chrysler CEO Sergio Marchionne speculated this week.

Celebrities and Supreme Court justices weren't the only ones to die this year. 2016 saw the most broken M&A deals in recent history, according to the New York Times. In terms of transactions withdrawn after being publicly announced, this year was the biggest since the financial crisis of 2008, Michael J. de la Merced reports.

In total, busted deals represented nearly $800 billion, or almost a quarter of the $3.55 trillion in transactions announced during 2016.

Checklist for Reorganization After a Merger

In a way, a merger is like a marriage. It's a union of separate beings contributing to a common goal. After the honeymoon, they will face new challenges but the successful ones will continue for many years.

So why are some mergers more like bad marriages? Maybe they forgot that successful unions take some time and definitely take more work. Below is a checklist to ensure successful reorganization after a merger.

On the eve of the one of the busiest travel periods of the year, two major airline carriers announced that they'll soon become one. The Alaska Air Group said last week that it had finally wrapped up its acquisition of Virgin America, a deal that had been delayed for months, in part due to anti-trust review by the Department of Justice.

The merger has a total value of $4 billion, according to a statement by Virgin America. Their merger will create the fifth largest airline in the nation. To celebrate, the companies launched a new aircraft with combined branding from San Francisco International airport last week.

Tesla Merger Is a Green Light for Lawyers

Now that Tesla has acquired Solar City, it will be a go for lawyers also.

Tesla, the largest electric car-maker in the United States, merged with Solar City, the largest solar panel company in the country, in a $2 billion deal. Shareholders of the companies approved the merger, with stock prices rising about 1.1 percent to almost $187 a share. Elon Musk, who now effectively runs both companies, said the acquisition was all about sustainable energy. The merger will sustain lawyers for some time as well.

Last month, AT&T announced plans to acquire Time Warner for over $85 billion. The merger, if allowed, would give birth to a massive new telecom and media Goliath, combining one of the nation’s biggest content creators with one of its biggest content distributors.

But, like all mergers, AT&T and Time Warner will have to survive the scrutiny of antitrust authorities at the Department of Justice and the Federal Trade Commission first. And, because Time Warner is a media company, the deal could come under scrutiny from the Federal Communications Commission, an agency Bloomberg describes as “a graveyard for mergers.”

Cybersecurity is becoming a significant concern for companies pursuing mergers and acquisitions. And it's not just with M&As in consumer-face industries, where lost credit card numbers, passwords, or medical information can lead to significant liability. Almost all businesses have some data security risks. Thus, looking into a company's cybersecurity practices is an increasingly important aspect of risk management and M&A due diligence.

Here's what that means for in-house attorneys.

EMC is getting a Dell, dude. Lots and lots of them, probably. Dell Inc. announced today that it has completed its $60 billion merger with EMC, the data storage company.

The news marks the culmination of the largest technology sector merger ever and leaves Dell, with $74 billion in revenue, as the largest privately controlled tech company in the world.

Snapchat, the self-destructing-photo sharing and messaging app, is buying up the search startup Vurb, for a cool $110 million, according to the Information. The deal will be 75 percent stock and 25 percent cash, with Snapchat paying almost as much in retention payouts to Vurb's current employees, bringing the total price to nearly $200. Devoting 50 percent of the deal's cost to retention, Business Insider notes, is "an unusually high proportion."

So, what's behind the buy?

The Department of Justice is planning on filing an antitrust lawsuit to halt two massive healthcare mergers, Bloomberg reports. The move could halt Aetna's $37 billion merger with Humana and Anthem's $48 billion takeover of Cigna.

If the deals go through, they would reduce the largest health insurance companies from five competitors to three, leading to concerns over stifled competition and harm to consumers. If the DOJ successfully blocks the deals, it could signal a further shift away from the merger mania that's spread throughout large corporate firms in recent years.