Andersen Files Paperwork With SEC for US Initial Public Offering

Andersen Group Inc. announced Monday that it has submitted paperwork to the SEC for a proposed initial public offering.

The group, which represents Andersen’s US tax operation, has confidentially submitted a draft registration statement on Form S-1—the initial registration form for new securities—with the US Securities and Exchange Commission, the announcement said.

• The IPO is expected to take place after the SEC completes its review process, subject to market conditions, the firm announced.
• The number of shares that would be offered and the price range for the proposed offering haven’t been determined yet, the announcement said.
• Andersen—a tax firm started ...