Father and son advised on opposite sides of Bristol-Celgene deal [Reuters (UK)]
CELGENE (CELG)
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Source: Reuters
Father and son advised on opposite sides of Bristol-Celgene deal | Reuters 3 Min Read Jan 3 (Reuters) - For most U.S. families, the holidays are all about gathering around the fireplace, overeating at festive dinners, and playing the occasional board game. But this year, a father and son were also working on the biggest pharmaceutical acquisition of all time. Clinton Gartin and his son Christopher advised on opposite sides of Bristol-Myers Squibb Co’s $74 billion deal to buy Celgene Corp, which was announced on Thursday. Clinton Gartin, a chairman of investment banking at Morgan Stanley, advised Bristol-Myers Squibb. Christopher Gartin, a director in the healthcare investment banking team at Citigroup Inc, advised Celgene, according to people familiar with the deal. It is rare for a father and son to work as investment bankers on opposite sides of the same deal. Clinton Gartin did not respond to a request for comment on his role, while Christopher Gartin declined to comment through a
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