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URS buying Washington Group for $2.6 billion

May 28, 2007 /

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San Francisco-based URS Corp. is buying Washington Group International for $2.6 billion, the engineering and construction companies announced Monday.

The boards of directors of both companies unanimously approved the deal, which calls for Washington Group stockholders to receive $43.80 in cash and .772 shares of URS stock for each Washington Group share.

By REBECCA BOONE of the Associated Press

Full Story: http://www.missoulian.com/articles/2007/05/28/bnews/br79.txt

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