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Arthur D.
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Consulting-Times E-zine
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Little is considering approaches from new prospective acquirers following the collapse of a deal to sell a majority of the firm to a consortium headed by Whitney & Co. and Safeguard International Fund. Talks failed in late December it was confirmed this week.
ADL says that it is now holding a competitive bid process for a potential sale:
"To date, there are 14 bidders that have risen to the level of having extensive meetings with management." commented an ADL spokesperson.
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