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The firms have called off talks after 18 months, with some blaming foreign exchange rate volatility.
September 02, 2019 at 08:59 AM
1 minute read
News Editor
The original version of this story was published on American Lawyer
Allen & Overy and O’Melveny & Myers have called an end to their merger talks, Law.com affiliate Legal Week has first confirmed.
The decision to not move forward with talks, almost 18 months after they became public, came amid adverse macro-economic conditions affecting how a deal would be valued, according to two people close to the process.
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