Who’s Behind the Deal Between AT&T and Time Warner
ByAT&T’s blockbuster $84.5 billion takeover of Time Warner means many things — including rich fees for the bankers and lawyers who helped craft the deal.
Freeman & Company, a merger advisory and consulting firm, estimates that there will be $80 million to $120 million in advisory fees for each side.
It’s a familiar list of advisers for each company. Last year, Perella Weinberg Partners poached George H. Young III, a veteran telecommunications banker, from Lazard — and gained a close relationship with AT&T in the process. Mr. Young had advised the telecommunications company on its $48.5 billion takeover of DirecTV, as well as on many of the earlier deals that built the modern-day AT&T…