April 22, 2010 by Post Team
Centurytel:If thousands of $ 10.6 million purchase of Qwest Communications CenturyTel has to feel nostalgia for the large telecommunications offerings of yesteryear, we can not blame.
Not only is the big price tag, but unlike many recent deals is not directly related to the financial crisis. No, this is a good old-strategic business.
Also check out the long list of advisers. Everyone from M & A support package boutiques shops of the white shoe law firms to receive a portion of the fees. And yet the press release this morning about the deal left an adviser to the list: Perella Weinberg, which reported to the Board of Qwest. Maybe it was the excitement or simply ran out of room.
Barclays Capital, Evercore Partners and JP Morgan Chase reported CenturyTel. Wachtell, Lipton, Rosen & Katz and Jones Walker Waechter Poitevent Carrere & Denegre LLP were the legal advisers of the company.
Lazard, Deutsche Bank and Morgan Stanley recommends Qwest. Skadden, Arps, Slate, Meagher & Flom and Wilmer Cutler Pickering Hale & Dorr Legal advice.
It’s like the good times are back, even if only for a day
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