Warren Buffett’s Berkshire Hathaway Inc. turned to its longtime outside lawyers at Munger, Tolles & Olson to advise the company on its $11.6 billion acquisition of Alleghany Corp.
The Los Angeles-based Munger Tolles has been the go-to firm for Berkshire, which signaled its return to dealmaking with a cash purchase of the insurance company announced on Monday. Willkie Farr & Gallagher took the lead role for Alleghany in the transaction.
The deal deepens ties between Munger Tolles and Berkshire. Munger Tolles founder Charles Munger is vice chairman for Berkshire and partner Ronald Olson is a member of the company’s board. ...
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