Back in 2004,
Kroll, the world's most prominent corporate investigative and security firm was
acquired by mega-insurer,
Marsh & McLennan, for a cool $2.billion. This was ironically, just in time for MMC's own explosive
financial scandals, (you know, the sort of things that fuel bread and butter work for your friendly neighborhood corporate P.I).
Just two years later, there is
scuttlebut that Kroll execs may be thinking about buying back ownership of the firm founded back in 1972 by former New York assistant district attorney,
Jules Kroll. Ans this isn't the only talk about
divestitures at MMC.
Putnam Securities is already up for sale and there is talk that Marsh will end up being
further dissected.
Anything happening at Marsh is big news in the business world. And anything happening at Kroll, well thats big news for investigators. So far Jules Kroll has personally
denied that a buy-back in the works, but time will tell.
-- MDT
Labels: Kroll