Annapolis, Md. (Sept. 25, 2003) -- FTI Consulting Inc., a concern specializing in financial restructuring and litigation support services, is in negotiations to acquire the dispute advisory services business of Big Four firm KPMG.

An acquisition price was not disclosed. However the company indicated that it would finance the deal with its cash on hand.

Should the sale proceed, FTI said it expected it would close the deal in the fourth quarter. Subsequently, a number of DAS employees would join FTI.

KPMG’s DAS arm provides analysis and resolution in disputes via litigation, arbitration and mediation.

-- WebCPA staff

Register or login for access to this item and much more

All Accounting Today content is archived after seven days.

Community members receive:
  • All recent and archived articles
  • Conference offers and updates
  • A full menu of enewsletter options
  • Web seminars, white papers, ebooks

Don't have an account? Register for Free Unlimited Access