PwC + BearingPoint?

想学优美的英文就要多读CEO的信,无论何时永远充满了各种赞美的 积极地形容词。 :D
[b]BearingPoint to sell business units to Deloitte, PwC[/b]

In the biggest move since filing for Chapter 11 reorganization, BearingPoint Inc. late Monday night announced plans to sell most of its business units.

The McLean-based technology and management consulting services company agreed to sell a "significant portion" of its biggest unit, its public services division, to Deloitte for $350 million. The company did not provide further details.

The purchase agreement requires the company to consider all "higher and better" offers from other potential buyers and is subject to bankruptcy court approval, according to a statement.

The company also said it has signed a nonbinding letter of intent to sell a substantial portion of its North American commercial services business, including its financial services segment, to PricewaterhhouseCoopers for $25 million. A PwC unit in Japan will buy BearingPoint's practice there.

The company also is in late-stage talks to sell its European and Latin American practices to local management teams. Talks are also ongoing to sell its Asian practices to unidentified buyers.

“Since we entered the restructuring process, we’ve been committed to evaluating all strategic options with the goal of charting the best possible course for the people, clients and creditors of BearingPoint,” said Bearing Point CEO Ed Harbach in the statement.

The company (OTCBB: BGPTQ) filed for bankruptcy protection last month under the weight of $1 billion in debt after efforts to sell all or parts of the company failed. BearingPoint has requested approval to pay millions of dollars in retention bonuses to hundreds of management and director-level employees as part of its plans to reorganize.

“We have concluded that a sale of the company’s business units maximizes value and provides the greatest stability for all interested parties,” Harbach said. “We are pleased that several parties have expressed interest in purchasing the majority of the company.”

http://washington.bizjournals.com/washington/stories/2009/03/23/daily20.html
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