Paul J. Taubman has long been one of Wall Street’s top telecom and media dealmakers. On June 25, he showed that his firm has become a force in healthcare M&A too.
PJT Partners Inc., the boutique investment bank Taubman founded in 2013, is co-advising AbbVie Inc. on its $63 billion deal for rival drugmaker Allergan Plc along with Morgan Stanley. Taubman spent 27 years at Morgan Stanley before starting PJT.
JPMorgan Chase & Co. is advising Allergan on the deal, the third biggest pharmaceuticals merger on record, according to data compiled by Bloomberg.
It’s the largest deal yet for ...