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This Just In.(Plante & Moran to buy Nashville turnaround firm, AFME Inc.)(University of Michigan and the Michigan Federation of Teachers and School Related Personnel Local reach agreement)(Detroit law firm Bodman, Longley & Dahling L.L.P. changes name to Bodman L.L.P.)
Crain's Detroit Business, May, 2004 by Merx, Katie
Plante & Moran to buy Nashville turnaround firm Southfield-based accounting firm Plante & Moran P.L.L.C. intends to acquire a Nashville-based manufacturing turnaround firm this month. Leslie Murphy, Plante & Moran's managing partner for client services, said Plante & Moran plans to acquire a 97 percent stake in Nashville-based AFME Inc.
in a deal that is expected to close by June 30. The firms would not disclose the terms of the deal. AFME principals Dan Ploger and Dan Ruskin will continue to work with the division and will retain a 3 percent stake in the new entity, which will be known as Plante & Moran AFME and operate out of Nashville and Southfield. AFME is comprised of Ploger, Ruskin, an office manager and contract consultants. Murphy said the...
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