DA Davidson Downgrades URS Corp (URS) to Neutral
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URS Corp. (URS) Higher on Takeover Deal; Buyer ACM (ACM) Comes as Surpise
July 14, 2014 7:03 AM EDTURS Corp. (NYSE: URS) is trading up 5.9% after the company announced Sunday that AECOM Technology (NYSE: ACM) will acquire all outstanding shares of URS for a combination of cash and stock valued at... More
AECOM (ACM) to Acquire URS Corp. (URS) in $4B Cash, Stock Deal
July 13, 2014 1:25 PM EDTAECOM Technology Corporation (NYSE: ACM) and URS Corporation (NYSE: URS) announced the execution of a definitive agreement under which AECOM will acquire all outstanding shares of URS for a combination of cash and stock valued at approximately US$4 billion or US$56.31 per URS share, based on the AECOM closing share price as of July 11, 2014. Including the assumption of URS debt, the total enterprise value of the transaction is approximately US$6 billion.
The combined company will be a leading, fully integrated infrastructure and federal services provider with more than... More
URS Corp. (URS) working with Citi, DBO Partners on possible sale - Reuters
July 11, 2014 10:17 AM EDTURS Corp. (NYSE: URS) is working with Citi, DBO Partners on possible sale, according to Reuters.
... More