WILMINGTON, Del.--(BUSINESS WIRE)--Rigrodsky & Long, P.A.:
- Do you own shares of URS Corporation (NYSE: URS)?
- Did you purchase any of your shares prior to July 14, 2014?
- Do you think the proposed buyout price is too low?
- Do you want to discuss your rights?
Rigrodsky & Long, P.A. announces that it is investigating potential legal claims against the board of directors of URS Corporation (“URS” or the “Company”) (NYSE: URS) regarding possible breaches of fiduciary duties and other violations of law related to the Company’s entry into an agreement to be acquired by AECOM Technology Corporation (“AECOM”) (NYSE: ACM), in a transaction valued at approximately $4 billion.
Click here to learn more: http://www.rigrodskylong.com/investigations/urs-corporation-urs.
Under the terms of the agreement, public shareholders of URS would receive $33.00 in cash and 0.734 shares of AECOM for each share of URS they own. Based on AECOM’s closing stock price on July 11, 2014, URS shareholders would have received consideration valued at approximately $56.31 per share.
The investigation concerns whether URS’s board of directors failed to adequately shop the Company and obtain the best possible value for URS’s shareholders before entering into an agreement with AECOM.
If you own the common stock of URS and purchased your shares before July 14, 2014, if you have information or would like to learn more about these claims, or if you wish to discuss these matters or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Seth D. Rigrodsky or Gina M. Serra at Rigrodsky & Long, P.A., 2 Righter Parkway, Suite 120, Wilmington, DE 19803, by telephone at (888) 969-4242; by e-mail to firstname.lastname@example.org, or at: http://www.rigrodskylong.com/investigations/urs-corporation-urs.
Rigrodsky & Long, P.A., with offices in Wilmington, Delaware and Garden City, New York, regularly prosecutes securities class, derivative and direct actions, shareholder rights litigation and corporate governance litigation, on behalf of shareholders in states and federal courts throughout the United States.
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