Tuesday, August 24, 2010

PricewaterhouseCoopers LLP Pays $378 Million Cash for Diamond Management & Technology Consultants

Susan Black, Big4.com
24 August 2010

(blog) PricewaterhouseCoopers LLP (PwC) is plunking down $378 million in cold hard cash for Diamond Management & Technology Consultants, Inc. in another sign that the M&A market in the consulting business is heating up – see all our previous blogs on this, notably Booz-AT Kearney, Deloitte UK, Accenture and Capgemini being key newsmakers in recent months....

1 comment:

Anonymous said...

Wow! It must have been a great year for PwC. All that cash on hand. How'd they do it? And why can't the other 3 of the B4 make a play for Diamond? My guess is they saved a bundle by not having to pay unemployment claims since instead of making layoffs like the other 3, they made "performance-based staff reductions." GENIUS! PwC, a class act. Has anyone filed a class action?