The firm will seriously consider investments in a few hundred of those and join only a dozen to 15 in a year.
In 1981 the firm joined Dentsu, the international Japanese advertising group.
Wasserstein and the other firms join a number of financial institutions that have already put together similar funds.
As other firms joined this practice, prices began falling everywhere and a price war ensued.
Other firms joined in, asking for rules to slow the pace of the computerized trading technique.
Two existing firms can join together in two different ways.
Last year, his entire firm joined Jenner & Block of Chicago.
Increasingly, firms are joining with corporate clients to provide legal support for their civic contributions, particularly economic development in distressed communities.
He studied law at the University of Melbourne and in 1948 joined his brother John's legal firm.
A vertical merger occurs when two firms at different stages of the production process join together.