Mayer Brown, Simmons & Simmons Break Off Merger Talks

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Merger negotiations between Mayer Brown and Simmons & Simmons have been discontinued, according to a report from LegalWeek Tuesday.

The two firms had been discussing a potential transatlantic merger over the last several weeks, but a joint statement from the firms released Tuesday said those plans have been scrapped, at least for the time being.

“Simmons & Simmons and Mayer Brown have held preliminary discussions with regard to the potential for a merger.,” the statement reads. “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.”

  

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The merger would have followed the transatlantic unions forged earlier this year between Hogan & Hartson and Lovells and Sonnenschein and Denton Wilde.

According to previous reports, the merger between Mayer Brown and Simmons & Simmons would have potentially given Mayer Brown a significant boost in the United Kingdom while Simmons & Simmons would substantially bolster its presence in Asia.