Area Child Will Always Remember Where She Was The First Time She Saw Her Father Cry (Over Lost Deal Fees)

Where were you?
Author:
Updated:
Original:

"And he just yelled 'Get out of here, Daddy's working!' and shut the door. We never talked about it again."

Investment bankers in New York and London have known for years about a deal they couldn’t afford to miss: Anheuser-Busch InBev NV’s long-rumored tie-up with SABMiller Plc, which would create a global brewing colossus with combined annual sales of about $81 billion...A senior dealmaker reached on Wednesday, whose firm is not yet on the deal ticket, was near tears as he discussed the prospect of missing out.

First Rule of Investment Banking: Don't Miss the ABI-SAB Deal [Bloomberg]

Related