49.1 F
Los Angeles
Wednesday, Apr 2, 2025
Log out
Subscribe
HomeManufacturingCommunications
Communications

Aecom Acquires URS

staff-author
By staff-author
234

Downtown Los Angeles engineering and construction firm Aecom Technology Corp. completed its acquisition of San Francisco’s URS Corp. Friday in a $6 billion deal that creates a giant in the engineering and construction industry.

The combined company has a market capitalization of some $6.7 billion, 95,000 employees and revenue of $19.2 billion for the year that ended June 30.

The merger closed after URS shareholders voted to approve a plan allowing them to trade their shares for Aecom stock or to cash out for $53.99 per share.

Aecom says the merger will give the give the company new opportunities to pursue customers in the oil and gas industry, as well as the power industry and government. The combined firm now has customers in 150 countries.

Shares of Aecom stock rose $1.06 (4 percent) to close at $30.04 on the New York Stock Exchange.

Previous article
L.A. City Council Says No to Parking Auction Apps
Next article
Snapchat to Roll Out First Ads
staff-author
staff-author

Featured Articles

Related Articles

11150 Santa Monica Boulevard, Suite 350
Los Angeles, CA 90025
323-549-5225

Advertise with Us

About Us

Membership Center

Other Journals

© Los Angeles Business Journal

Andrew Edwards Author ' + // image style settings '
' + 'tagDiv image style' + '' + '
' + ''; //inject our settings in the template - before
td_template_content = td_template_content.replace('
', td_our_content + '
'); //save the template jQuery('#tmpl-image-details').html(td_template_content); //modal off - click event jQuery(document).on( "click", ".td-modal-image-on", function() { if (jQuery(this).hasClass('active')) { return; } td_add_image_css_class('td-modal-image'); jQuery(".td-modal-image-off").removeClass('active'); jQuery(".td-modal-image-on").addClass('active'); }); //modal on - click event jQuery(document).on( "click", ".td-modal-image-off", function() { if (jQuery(this).hasClass('active')) { return; } td_remove_image_css_class('td-modal-image'); jQuery(".td-modal-image-off").addClass('active'); jQuery(".td-modal-image-on").removeClass('active'); }); // select change event jQuery(document).on( "change", ".td-wp-image-style", function() { switch (jQuery( ".td-wp-image-style").val()) { default: td_clear_all_classes(); //except the modal one jQuery('*[data-setting="extraClasses"]').change(); //trigger the change event for backbonejs } }); //util functions to edit the image details in wp-admin function td_add_image_css_class(new_class) { var td_extra_classes_value = jQuery('*[data-setting="extraClasses"]').val(); jQuery('*[data-setting="extraClasses"]').val(td_extra_classes_value + ' ' + new_class); jQuery('*[data-setting="extraClasses"]').change(); //trigger the change event for backbonejs } function td_remove_image_css_class(new_class) { var td_extra_classes_value = jQuery('*[data-setting="extraClasses"]').val(); //try first with a space before the class var td_regex = new RegExp(" " + new_class,"g"); td_extra_classes_value = td_extra_classes_value.replace(td_regex, ''); var td_regex = new RegExp(new_class,"g"); td_extra_classes_value = td_extra_classes_value.replace(td_regex, ''); jQuery('*[data-setting="extraClasses"]').val(td_extra_classes_value); jQuery('*[data-setting="extraClasses"]').change(); //trigger the change event for backbonejs } //clears all classes except the modal image one function td_clear_all_classes() { var td_extra_classes_value = jQuery('*[data-setting="extraClasses"]').val(); if (td_extra_classes_value.indexOf('td-modal-image') > -1) { //we have the modal image one - keep it, remove the others jQuery('*[data-setting="extraClasses"]').val('td-modal-image'); } else { jQuery('*[data-setting="extraClasses"]').val(''); } } //monitor the backbone template for the current status of the picture setInterval(function(){ var td_extra_classes_value = jQuery('*[data-setting="extraClasses"]').val(); if (typeof td_extra_classes_value !== 'undefined' && td_extra_classes_value != '') { // if we have modal on, switch the toggle if (td_extra_classes_value.indexOf('td-modal-image') > -1) { jQuery(".td-modal-image-off").removeClass('active'); jQuery(".td-modal-image-on").addClass('active'); } } }, 1000); })(); //end anon function -->