Herbies, Slaughters land roles on travel tie-up
First Choice and rival MyTravel have both instructed longstanding counsel Herbert Smith and Slaughter and May on preliminary talks for a potential tie-up worth £500m. Herbert Smith’s and Slaughters’ instructions are a recreation of 1999, when MyTravel’s predecessor Airtours made a £852m hostile takeover bid for First Choice. Both firms acted on this. Addleshaw Goddard, […]