Bloomberg Law
Sept. 20, 2018, 4:10 PM

M&A Power Wachtell Could be ‘Last True Law Partnership’

Casey Sullivan

For decades, competitors of M&A law firm Wachtell, Lipton, Rosen & Katz have privately bet against its longevity, saying its business is too closely tied to a single person: Martin Lipton.

The 87-year-old attorney who created the “Poison Pill,” a corporate strategy to protect against hostile takeovers, has not stepped away from his 31st floor office at Wachtell’s headquarters in Manhattan.

He continues to spar with the likes of Carl Icahn, Paul Singer and other billionaires in proxy fights, meets with CEOs at the 21 Club for lunch, and pens memos about corporate law to a who’s who of ...

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