A high prevalence of go-shop provisions and the size of the breakup fee payable to a target are not what John Pollack, a partner at Schulte Roth & Zabel LLP, expected to find in a recent study conducted by the law firm. The study, which Pollack co-authored, focuses on private equity buyers and public-company targets by dissecting 25 large deals from 2010 to June 2011. In this video interview with The Deal Pipeline, Pollack shares some of the study's more surprising findings, as well as why innovative, strategic-to-strategic deal terms have not yet migrated to the private equity sector. - Sarah Hashim-Waris
Paul Friedman, who joined Morrison & Foerster LLP in 1982 and has been a partner and practice group leader since 1986, was named managing partner for Europe. For other updates launch today's Movers & shakers slideshow.
Look at the prices stamped on the ticket to a New York Knicks or Rangers game, and you′d be hard-pressed to believe what one activist shareholder is asserting: that the teams' parent company is undervalued. More video