“All things come to an end,” wrote poet Geoffrey Chaucer in Troilus and Criseyde. And so, having limped on for most of the year, the protracted merger talks between Proskauer Rose and U.K. firm SJ Berwin finally ran out of steam last month.
With pressure growing on management on both sides to bring negotiations to a resolution one way or the other, it came as little surprise when the firms released a joint statement saying that the combination was “not workable at this time.”
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