More Breaking News: The Dewey-Orrick Merger Is Off

The planned merger between Dewey Ballantine and Orrick, Herrington & Sutcliffe has been called off. Last month, the troubled transaction was indefinitely postponed — not a good sign.
Given the unfortunate nickname that was bestowed upon the new entity, the disintegration of this deal may be just as well.
We hear that an internal email just went around at Dewey. If so, can someone please forward it to us — or post its text in the comments?
If you have tips or further details about the scuttling of this deal, please email us.
Update (12:45 PM): Orrick chairman Ralph Baxter Jr. has confirmed the news to the WSJ Law Blog.
P.S. No, we couldn’t bring ourselves to make a joke about “withdrawal from the Dewy Orifice.”
Dewey, Orrick Merger Is Off [WSJ Law Blog]
Earlier: Prior coverage of the Dewey-Orrick merger (scroll down)

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