-

Tutor Perini Announces Termination of Acquisition Transaction Discussions

LOS ANGELES--(BUSINESS WIRE)--Tutor Perini Corporation (NYSE: TPC), a leading civil, building and specialty construction company, announced today that, in light of continuing volatile market conditions, discussions regarding a potential transaction for the acquisition of Tutor Perini have been terminated. These discussions were referenced by Tutor Perini in a press release it issued on March 2, 2020 in light of media reports.

The Company will continue to adhere to its policy not to comment on market rumors or make announcements regarding potential transactions unless the Company determines that further disclosure is required by law or is otherwise necessary.

About Tutor Perini Corporation

Tutor Perini Corporation is a leading civil, building and specialty construction company offering diversified general contracting and design-build services to private clients and public agencies throughout the world. We have provided construction services since 1894 and have established a strong reputation within our markets by executing large, complex projects on time and within budget while adhering to strict quality control measures.

Contacts

Tutor Perini Corporation
Jorge Casado, 818-362-8391
Vice President, Investor Relations and Corporate Communications
www.tutorperini.com

Industry:

Tutor Perini Corporation

NYSE:TPC
Release Versions
English

Contacts

Tutor Perini Corporation
Jorge Casado, 818-362-8391
Vice President, Investor Relations and Corporate Communications
www.tutorperini.com

More News From Tutor Perini Corporation

Perini Management Services, Inc. Awarded $42 Million Construction Completion Project at Tabuk Air Base, Saudi Arabia

LOS ANGELES--(BUSINESS WIRE)--Tutor Perini Corporation (NYSE: TPC) (the “Company”), a leading civil, building and specialty construction company, announced today that its subsidiary, Perini Management Services, Inc. (“PMSI”), has been awarded a contract valued at approximately $42 million by the U.S. Army Corps of Engineers (USACE), Middle East District, Southwestern Division to complete the construction of facilities at Tabuk Air Base in the Kingdom of Saudi Arabia. The scope of work includes...

Tutor Perini Reports Strong Second Quarter 2026 Financial Results; Raises 2026 Adjusted EPS Guidance; Increases Quarterly Dividend 50%

LOS ANGELES--(BUSINESS WIRE)--Tutor Perini Corporation (the "Company") (NYSE: TPC), a leading civil, building and specialty construction company, today reported strong financial results for the second quarter of 2026 (see attached tables). Revenue for the second quarter of 2026 was a record $1.6 billion, the highest revenue of any quarter ever, and up 19% compared to $1.4 billion for the same period in 2025. Revenue for the Civil, Building, and Specialty Contractors segments for the second quar...

Lunda Construction Awarded $54.7 Million Bridge Package on I-41/WIS 441 System Interchange

LOS ANGELES--(BUSINESS WIRE)--Tutor Perini Corporation (NYSE: TPC) (the “Company”), a leading civil, building and specialty construction company, announced today that its subsidiary, Lunda Construction (“Lunda”), has been awarded a contract valued at approximately $54.7 million to construct new bridges and make other improvements for the I-41/WIS 441 System Interchange in Outagamie County, Wisconsin. Lunda’s scope of work includes constructing the interchange's two signature flyover structures:...
Back to Newsroom