Oct
27

AT&T’s Bid for Time Warner Could Bolster Boutique Advisers

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AT&T’s audacious $85 billion bid for Time Warner may help more independent advisory companies handle mergers and acquisitions.

The year’s biggest merger enlisted the services of two boutique firms, Perella Weinberg and Allen & Company, alongside their bigger Wall Street brethren. If it emboldens other chief executives, the likes of Lazard and Moelis should benefit. They could use the help as the advice market goes through a rough patch…

AT&T’s Bid for Time Warner Could Bolster Boutique Advisers

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