Pharma Investments, Ventures & Law Weekly
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Deloitte Llp
Deloitte Announces Completion of BearingPoint Public Services Assets Acquisition
May 31st, 2009
Deloitte LLP announced that it has closed the acquisition of substantially all of the assets of BearingPoint's North American Public Services practice out of bankruptcy for total consideration of $350 million in cash, subject to adjustment, and the assumption of certain BearingPoint liabilities. Barry Salzberg, Chief Executive Officer, Deloitte LLP, said: "We welcome the highly talented BearingPoint Public Services team to Deloitte. We are excited about moving forward together with even stronger capabilities to serve our clients and capitalize on the growth potential for federal, state and local business." Kramer Levin Naftalis & Frankel LLP acted as...
Source: Pharma Investments, Ventures & Law Weekly (2009-05-31)
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