The pitch was enticing. At a time when the Standard & Poor’s 500 Index had suffered a decline of 41 percent in the previous three years, Morgan Stanley was offering its clients the possibility of some relief.
Daniel Sturridge scored the winning goal on his birthday as Liverpool defeated defending champion Manchester United 1-0 to move atop English soccer’s Premier League. Arsenal beat north London rival Tottenham 1-0 and Swansea won 2-0 at West Brom.
Simpson Thacher & Bartlett LLP is advising Hellman & Friedman LLC, the buyout firm co-founded by Warren Hellman, which agreed to buy Hub International Inc. in a transaction that values the insurance broker at about $4.4 billion. Kirkland & Ellis LLP represents Apax Partners and Hub in the sale.
Billionaire sports team owner and financier John Henry, who helped the Boston Red Sox capture the World Series in 2004 and 2007 after an 86-year drought, will attempt another comeback with Boston’s hometown newspaper.