Grafstein To Take Top Rothschild M&A Job

(Reuters) – Laurence Grafstein, a former co-head of merger adviser Lazard Ltd’s (LAZ.N) technology and media group, will join Rothschild as co-head of the U.S. M&A group at the boutique investment bank, the Wall Street Journal said.

Grafstein worked on deals such as Nextel-Sprint and MCI-Verizon and oversaw large financial restructurings at WorldCom and Nortel, according to the paper.

Rothschild and Lazard could not be immediately reached for comment.

(Reporting by Chakradhar Adusumilli in Bangalore; editing by John Stonestreet)