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Monday, 31 October 2011

MCR bought by Duff & Phelps

MCR, the restructuring and insolvency firm, has been bought by Duff & Phelps, the global financial services and advisory firm, based in New York.  Terms of the deal have not been made public.  For the 12-month period that ended June 30, 2011, MCR earned approximately £21m in revenue, excluding reimbursable expenses.   MCR have 19 Partners and directors and the whole business is being incorporated into Duff & Phelps.

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