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The break up and sale of ADL has this week been approved by a bankruptcy court in the US.
The majority of the firm is to be acquired through a management buyout, backed by the French technology consultancy Altran.
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| Consulting-Times E-zine
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The MBO relates to all of Arthur D Little’s non-US operations. Interestingly, the brand and trademark of Arthur D. Little will henceforth belong to Altran and it has secured the right to acquire all or part of the activities being bought in the MBO at a later date. Watch this space…
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