Andersen Consulting Considers Partial IPO
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Newly-divorced [1] Andersen Consulting is considering a partial initial public offering, according to reports.
The firm's partners voted to look into the possibility of an IPO, which could see the entire company valued at $25-30 billion.
AC managing partner Joe Forehand told the Wall Street Journal that the firm needed to raise capital so it could fully embrace the demands of the New Economy.