Shearman Assists on SunGard Spinoff

, The Am Law Daily

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The firm is advising SunGard Data Systems on the spinoff of its availability services unit into an independent company with roughly $1.4 billion in annual revenue. Meanwhile, Davis Polk is also advising on a spinoff, with Credit Suisse Asset Management transferring ownership of its DLJ Merchant Banking Partners private equity unit to the fund's managers.

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