Roland Berger to Deloitte: Thanks, but No Thanks

Several published reports had indicated last week that it was all but certain Deloitte would acquire Roland Berger. The acquisition would create a strategy arm for Deloitte with an annual revenue approaching $3 billion.

But the Financial Times is reporting that Roland's partner unanimously agreed to stay independent in a vote of the weekend, even agreeing to put up additional funds for a renewed plan to expand a standalone business.