Is Cravath’s New Leader Behind Verizon and Yahoo’s Reported Talks?

After months of guessing by observers, telecom giant Verizon is ready to close a deal for the purchase of Yahoo, according to several reports on Friday.

If the deal is finalized, Verizon will have beaten out a number of potential buyers, including AT&T and an investment group backed by billionaire investor Warren Buffett and Quicken Loans founder Dan Gilbert.

According to a press release from the company back in February announcing the formation of a committee to explore sale options, Yahoo has been advised in the talks by Cravath, Swaine & Moore LLP.

According to her profile page, soon-to-be presiding partner Faiza ...