Home | Electronics & Communications | Mobile Phones
April 10 (Bloomberg) -- Ask Barclays Plc and ABN Amro Holding NV how much takeover advice is worth and they'll prove it's a lot less than what companies in any other industry pay banks for arranging acquisitions. Bankers hired for the proposed merger of Barclays and ABN Amro may share about $100 million for what would be the biggest marriage in financial services based on comparable fees from previous deals. That's about one-third less than advisers charged last year for AT&T Inc.'s $73 billion purchase of BellSouth Corp., estimates compiled by New York-based Freeman & Co. show. ``Financial institutions understand particularly well the fee world because they live in it,'' said Frederick Lane, a founding partner and chairman of Boston-based investment bank Lane, Berry & Co.
Article Source: http://www.rightarticle.com
For more articles about Mobile Phones www.mobilephonesservices.com/ For more articles about different markets please visit our article and links directory where you will find the sites which based on unique articles and suggestions. www.googlelinksdirectory.com/ www.tahirkhurshid.blogspot.com/ Have a good day
Please Rate this Article
5 out of 54 out of 53 out of 52 out of 51 out of 5
Not yet Rated
