Seeking Alpha

Reuters: URS in talks over potential sale

  • URS Corp. (URS +4.1%) has recently held talks with industry rivals and buyout firms about a potential sale of the company, Reuters reports.
  • URS, which has been under pressure from Jana Partners to enhance shareholder value, reportedly has hired Citigroup and DBO Partners to contact potential buyers and gauge their interest.
  • It is not known whether any of the recent discussions have led to offers or will result in a deal.
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