|[July 14, 2014]
SHAREHOLDER ALERT: Brower Piven Announces The Investigation Of URS Corporation In Connection With The Proposed Sale Of The Company To AECOM Technology Corporation
STEVENSON, Md. --(Business Wire)--
The securities litigation law firm of Brower Piven, A Professional
Corporation, has commenced an investigation into possible breaches of
fiduciary duty and other violations of state law by the board of
directors of URS Corporation ("URS" or the "Company") (NYSE: URS)
relating to the proposed buyout of the Company by AECOM Technology
On July 13, 2014 URS and AECOM announced that they had entered into a
definitive agreement pursuant to which AECOM will acquire URS in a
merger valued at approximately $4 billion.
Under the terms of the transaction, shareholders of URS will receive per
share consideration equal to $33.00 in cash and 0.734 shares of AECOM
common stock for each URS share. URSstockholders may elect to receive
all cash or all stock consideration, subject to proration in the event
The firm's investigation seeks to determine, among other things, whether
the Company's board of directors breached their fiduciary duties by
failing to maximize shareholder value before agreeing to enter into this
transaction, and whether AECOM is underpaying for URS shares.
If you currently own common stock of URS and would like to learn more
about the investigation being conducted by Brower Piven, without cost or
obligation to you, please visit our website at http://www.browerpiven.com/currentinvestigations.html.
You may also request more information by contacting Brower Piven either
by email at email@example.com
or by telephone at (410) 415-6616.
Attorneys at Brower Piven have extensive experience in litigating
securities and other class action cases and have been advocating for the
rights of shareholders since the 1980s.
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