URS SHAREHOLDER ALERT: Faruqi & Faruqi, LLP Announces the Investigation of URS Corporation Over the Proposed Sale of the Company to AECOM Technology Corp.
Juan E. Monteverde, a partner at Faruqi & Faruqi, LLP, a leading national securities firm headquartered in New York City, is investigating the Board of Directors of URS Corp. (“URS” or the “Company”) (NYSE: URS) for potential breaches of fiduciary duties in connection with the sale of the Company to AECOM Technology Corporation (“AECOM”) for approximately $4 billion or $56.31 per URS share. The Company’s shareholders will receive $33.00 in cash and 0.734 shares of AECOM common stock for each share of URS that they own. Additionally, URS shareholders will have the option to choose an all cash or all stock consideration.
The investigation focuses on whether URS’s Board of Directors breached their fiduciary duties to the Company’s stockholders by failing to conduct a fair sales process and whether and by how much this proposed transaction undervalues the Company to the detriment of URS’s shareholders.
If you own common stock in URS and wish to obtain additional information and protect your investments free of charge, please contact Juan E. Monteverde, Esq. either via e-mail at firstname.lastname@example.org or by telephone at (877) 247-4292 or (212) 983-9330.
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Faruqi & Faruqi, LLP
685 Third Avenue 26th Floor
New York, NY 10017
Tel: (212) 983-9330
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