-

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

Fisk Electric Awarded $24 Million Data Center Electrical Project, Expanding Prefabrication Capabilities in Houston

LOS ANGELES--(BUSINESS WIRE)--Tutor Perini Corporation (NYSE: TPC) (the “Company”), a leading civil, building and specialty construction company, announced today that its subsidiary, Fisk Electric Company (“Fisk”), has been awarded an electrical services contract for a confidential data center customer in Houston, Texas. The contract value is approximately $24 million. Fisk’s scope of work includes prefabrication and assembly of modular containment systems and related electrical infrastructure,...

Perini Management Services, Inc. Awarded $315 Million Maritime Infrastructure Project to Construct Fuel Pier to Support Major Cutter Operations at U.S. Coast Guard Base Kodiak

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 $315 million by the U.S. Coast Guard (“USCG”) using the accelerated design-build to budget project delivery method for the construction of a new fuel pier to support major cutter operations at USCG Base Kodiak in Alaska....

Perini Management Services, Inc. Awarded $43 Million U.S. Coast Guard Astoria Fast Response Cutter Homeport Phase 2 Project

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 $43 million by the U.S. Coast Guard (“USCG”) to design and construct improvements at USCG’s property at East Tongue Point in Astoria, Oregon.The project scope includes construction of facilities to accommodate the homeport...
Back to Newsroom