Is Urs part of AECOM?
Is Urs part of AECOM?
AECOM announced today that the company has completed its acquisition of URS Corporation with broad support from stakeholders following approval of the merger agreement by URS’ stockholders and the stock issuance proposal by AECOM’s stockholders at each company’s respective special stockholder meetings held on Oct.
Did AECOM buy URS?
AECOM and URS Corporation today 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.
When did AECOM take over Urs?
13 July 2014
12. The Merger was announced on 13 July 2014. 13. The Merger is to comprise the acquisition by AECOM of all outstanding shares of URS for a combination of cash and AECOM stock valued at approximately $4 billion.
Did AECOM get bought out?
Design and engineering firm Aecom has sold its Management Services business – which provides consulting services to the government sector – to private equity firms American Security and Lindsay Goldberg. The $2.4 billion transaction is expected to close in in the first half of fiscal 2020.
When did AECOM buy out URS Corp.?
The biggest, the $6 billion buyout of San Francisco-based contractor URS Corp. in 2014, came just months after Burke rose to chief executive. URS was the bigger company by revenue. AECOM grew to $20 billion in revenue and nearly 90,000 employees by the end of 2018. But the company’s stock price languished in 2018.
What is the current price of AECOM stock?
He indicated that a buyout could fetch AECOM shareholders a price in the mid-$50s per share. Word of the possible talks and the analyst’s report sent AECOM shares up 5% on Jan. 14 to $49.74, from a close of $47.08 the day before. Since then, the share price has hovered around $50, closing Jan. 21 at $49.81.
How many employees does AECOM have in the US?
With nearly 100,000 employees — including architects, engineers, designers, planners, scientists and management and construction services professionals — serving clients in more than 150 countries around the world following the acquisition of URS, AECOM is a premier, fully integrated infrastructure and support services firm.
When does AECOM report its second quarter results?
The firm will report is second quarter results on May 5. Los Angeles-based AECOM is traded on the New York Stock Exchange, and Montreal-based WSP on the Toronto exchange.
https://www.youtube.com/watch?v=io2J_eZWT3c