• Sep. 9, 2014, 8:11 AM
    • Investors might find power-line builder MYR Group (NASDAQ:MYRG) a way to capitalize on the $3.6T need to upgrade U.S. infrastructure as well as an intriguing takeover possibility, Bloomberg speculates.
    • MYR is on the short list of companies capable of building the largest transmission systems in the U.S., making it a prime acquisition candidate deserving of a 40% premium, according to FBR Capital.
    • A strong balance sheet and the cheapest valuation among peers make it attractive for a leveraged buyout, Avondale Partners says, citing MasTec (NYSE:MTZ), Quanta Services (NYSE:PWR) and Primoris (NASDAQ:PRIM) as firms that could be drawn to MYR for its specialized equipment and trained labor force.
    | Sep. 9, 2014, 8:11 AM
Company Description
MYR Group, Inc. is a holding company, which engages in the provision of electrical construction services. It operates through the Transmission and Distribution, and Commercial and Industrial segments. The Transmission and Distribution segment provides design, engineering, procurement,... More
Industry: General Contractors
Country: United States