Not good for senior execs either of course, nor for the advising banks due to lose out on $100 million of fees (Goldman, Guggenheim, Centerview, Moelis & Company), and JPMorgan and Morgan Stanley lose out on dozens of millions of investment banking fees.
Maybe good for some of the workers, who won't lose their job to "synergies" anymore?
http://reut.rs/1N8fNTF
Not good for senior execs either of course, nor for the advising banks due to lose out on $100 million of fees (Goldman, Guggenheim, Centerview, Moelis & Company), and JPMorgan and Morgan Stanley lose out on dozens of millions of investment banking fees.
Maybe good for some of the workers, who won't lose their job to "synergies" anymore?