Legal Week reports
March 13, 2002 at 07:03 PM
1 minute read
The original version of this story was published on Legalweek
Andersen Legal is this week facing the near certainty that its big five parent will be broken-up, as the firm confirmed that Andersen’s US accounting arm is attempting to negotiate a takeover by one of its main rivals.
As Legal Week went to press, the US arm of Andersen was in takeover talks with both Deloitte Touche Tohmatsu and Ernst & Young, amid mounting expectation that Andersen’s US and European arms will be split within weeks.
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