Top M&A lawyer, Scott Barshay, leaves Cravath to be a global head of mergers and acquisitions for rival law firm Paul, Weiss. Mr. Barshay has been representing big and high-profile clients, including Honeywell, Starwood, and 3G investment firm.
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Seth Klarman's Baupost Group, for only the second time, would return money to its clients.
SunGard Data Systems seeks buyers for its data management operations.
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