Top brass to recommend Dewey Orrick merger for January launch
By James Illman
October 24, 2006 at 08:03 PM
2 minute read
The merger bid between US giants Dewey Ballantine and Orrick Herrington & Sutcliffe is edging closer with both firms' management set to publicly recommend the deal this week.
A vote is now expected for December with the two firms aiming for the merger to go live by 1 January, practising under the banner Dewey Orrick.
Dewey chairman Morton Pierce and Orrick head Ralph Baxter, who have led the merger negotiations, released a statement today backing the tie-up in principle.
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