Ankura Consulting acquires turnaround specialist Marotta Gund

Ankura Consulting Group, the Washington business-advisory firm, acquired Marotta Gund Budd & Dzera, the New York turnaround and restructuring firm. Terms weren’t disclosed. MGBD advises investors, directors and senior management as well as creditors of underperforming companies, Ankura said in a statement. MGBD expands Ankura’s practice in turnarounds and restructuring, the firm said.

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