Microsoft-Yahoo deal implosion reorders league tables

May 7, 2008

Microsoft's decision to walk away from a much-hoped-for Yahoo deal definitely will have an impact on the league tables, Financial News Online notes. Microsoft had retained Morgan Stanley and the Blackstone Group. Now, Morgan StanleyÂ falls a notch to eighth place. The Blackstone Group tumbles all the way to 35th place from 10th. As for Yahoo's bankers, Goldman SachsÂ retained its place at the top of the rankings, while Lehman BrothersÂ fell from third to sixth. You've got to wonder if another deal will arise--and sooner than expected. Yahoo's shares tanked. Management is under immediate pressure to come up with a winning long-term plan. This may not be over.

For more:
- here's the article
- more thoughts on the bankers at Seeking Alpha