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Deals comment: Simmons, Macfarlanes ride out bookstores' merger debacle.

Europe Intelligence Wire

| May 01, 2006 | COPYRIGHT 2006 Financial Times Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

(From The Lawyer)

Just when the merger of bookstore chains Waterstone's and Ottakar's looked set to go ahead, Tim Waterstone put a spanner in the works with an offer to buy Waterstone's from HMV. The GBP280m offer from the business's founder has been rejected by shareholders, but it was a scare that Simmons & Simmons could have done without. The firm, which represented HMV, recently won merger clearance from the Competition Commission. Macfarlanes, which also played a crucial role in getting competition ...

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