When 8 = 6: Consolidating Accountants

The liner industry is not the only one consolidating these days. The multinational accounting firms which used to call themselves the “Big Eight” consolidated a few years back to the “Big Six” and, with the recently announced mergers of KPMG Peat Marwick with Ernst & Young and Coopers & Lybrand with Price Waterhouse, most likely will now refer to themselves as the “Big Four.” We thought it would be interesting to take an unscientific look at how the mergers might impact the shipping industry, if at all.

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