After weeks of being quiet, the board of Warren E. Buffett’s company is aggressively trying to distance itself from David L. Sokol ahead of Saturday’s shareholder meeting. Read more…
Simpson Thacher & Bartlett, the American law firm, plans to add a Hong Kong law practice to supplement its existing operations there later this year. The firm has hired Celia Lam from Linklaters and Christopher Wong from Freshfields Bruckhaus Deringer as partners to lead the practice.
Some analysts and investors say the biggest damage from the Sokol affair may be to Warren Buffett’s reputation, but it is unlikely to deter deal-making at Berkshire Hathaway. Read more…
As more companies shift from on-site computer servers to Internet-based data storage services, demand is rising for companies like Savvis, which the telecommunications giant CenturyLink agreed to buy on Wednesday. Read more…
Reuters reports on how acquisitions in retail banking and wealth management buoyed earnings at the large German lender.Read more…
BGC Partners announced on Thursday that it would buy Newmark, the parent company of real estate advisory firm Newmark Knight Frank. Read more…
Donald Longueuil, a former portfolio manager at SAC Capital, pleaded guilty to conspiracy and securities fraud — the latest conviction in the government’s insider trading inquiry. Read more…
Yandex, one of Russia’s largest Internet companies, said it hoped to raise $1 billion, according to a prospectus filed on Thursday.
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Joe Girardi, the New York Yankees manager, gets to short shares of the Boston Trust Small-Cap Fund (ticker symbol: BOSOX) at BTIG’s ninth annual Commissions for Charity Day.
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Despite presenting rosier-than-expected first-quarter results, NYSE Euronext management faced tough questions from shareholders about its merger plans.Read more…
DealBook’s law professor columnists sift through the Berkshire Hathaway claims and offer the former star manager some suggestions. Read more…
Ray Dalio and his wife and nine other couples have joined a philanthropy program begun by Bill and Melinda Gates and Warren E. Buffett in June 2010, bringing the total to 69.
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Highlights from the DealBook newsletter.Read more…
Before falling from grace over Lubrizol, David L. Sokol had been a crucial player in Warren E. Buffett’s deal-making machine, serving as a point man for Berkshire on a number of potential transactions. Read more…
A director of Warren E. Buffett’s company contends that the board did try to interview David L. Sokol about his stake in Lubrizol. Read more…
