Andersen Consulting Considers Partial IPO | AccountingWEB

Andersen Consulting Considers Partial IPO

Newly-divorced 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.

Wait, there's more!
There's always more at AccountingWEB. We're an active community of financial professionals and journalists who strive to bring you valuable content every day. If you'd like, let us know your interests and we'll send you a few articles every week either in taxation, practice excellence, or just our most popular stories from that week. It's free to sign up and to be a part of our community.
Premium content is currently locked

Editor's Choice

WHAT KIND OF FIRM ARE YOU?
As part of our continued effort to provide valuable resources and insight to our subscribers, we're conducting this brief survey to learn more about your personal experiences in the accounting profession. We will be giving away five $50 Amazon gift cards, and a $250 Amazon gift card to one lucky participant.
This is strictly for internal use and data will not be sold
or shared with any third parties.