The merger talks between Simmons & Simmons and Mayer Brown are short lived. Just one week after various media reports confirmed that the two firms have held preliminary discussion regarding a potential transatlantic union, Simmons and Mayer Brown have jointly released a statement announcing that a combination is not going ahead.
In the statement, which was released yesterday, the two firms said: "Simmons & Simmons and Mayer Brown have held preliminary discussions with regard to the potential for a merger. Mergers are complex and present a number of issues which need to be resolved before discussions can proceed.
"We have concluded that a combination between our firms is not the right option. There is, however, considerable goodwill and continuing respect on both sides." ALB
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