PWC and Grant Thornton Confirm Merger Talks
PWC, the world's biggest accounting and consulting firm, was interested in #8 Grant Thornton predominantly for access to its list of 340 publicly traded clients, according to the Journal.
While talks were cut off because of financial issues as well as a lack of synergy between the firms, spokesmen for both parties indicate that talks could resume again. "Never say never," says David Nestor, a spokesman for PWC.
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