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Sullivan & Cromwell Will Work on Microsoft-Yahoo Deal

Sullivan & Cromwell has been hired by Microsoft in its attempt to take over Internet-giant Yahoo. The news comes in spite of rival Simpson, Thacher & Bartlett's initially handling the case for Microsoft. Although Simpson, Thacher & Bartlett's initial appointment was not well received by Sullivan & Cromwell, which has historically been Microsoft's main corporate advisor, the firm is glad to have been appointed to handle the deal.