PracticeConsulting$1bn cash for e-businesses.

$1bn cash for e-businesses.

Andersen Consulting in the US has announced the formation of a new unit that will invest up to $1bn over the next five years to create new electronic businesses. ‘We are sending a strong message to our clients, alliance partners and our employees that Andersen Consulting intends to lead in the new e-economy,’ said Joe Forehand, managing partner and chief executive.

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