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Bankers’ cut on YHOO-MSFT deal

Started by Julien Le Nestour · 1 year ago

From Marketwatch:

The four advisers, Goldman Sachs, Lehman Brothers, Morgan Stanley and Blackstone, stand to make as much as $1.3 billion between them, analysts and experts said.

Even if the dynamics leading to these rip-offs are well understood (financing need, litigation protection for the boards, etc.), this just reinforces Umair’s ... Continue reading »

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