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One of Phoenix's larger accounting firms, McGladrey & Pullen LLP, will be acquired by H&R Block Inc. of Kansas City, Mo., for $290 million.
The deal is expected to close this week.
Locally, McGladrey & Pullen has 33 Certified Public Accountants and a support staff of 46. Spokeswoman Connie Smith-Benning said no staff cuts are anticipated in light of the merger.
"Well definitely be adding more professionals than we let go,"...