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BGPTQ.PK > SEC Filings for BGPTQ.PK > Form 8-K on 5-Nov-2009All Recent SEC Filings

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Form 8-K for BEARINGPOINT INC


5-Nov-2009

Completion of Acquisition or Disposition of Assets


Item 2.01 Completion of Acquisition or Disposition of Assets

Closing of the Sale of BearingPoint China Consulting On September 29, 2009, BearingPoint, Inc. entered into an Equity Purchase Agreement with Perot Systems TSI (Mauritius) Pvt. Ltd relating to the purchase and sale of 100% of the equity interests of BearingPoint Management Consulting (Shanghai) Ltd. for a purchase price of approximately $3.2 million (subject to adjustment) (the "BearingPoint China Consulting Transaction"). The U.S. Bankruptcy Court for the Southern District of New York approved the BearingPoint China Consulting Transaction on October 15, 2009 and the Shanghai Municipal Commission of Commerce approved the BearingPoint China Consulting Transaction on October 22, 2009. The closing of the BearingPoint China Consulting Transaction occurred on October 30, 2009.


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