The securities litigation law firm of Brower Piven, A Professional Corporation, has commenced an investigation into possible breaches of fiduciary duty and other violations of state law by the board of directors of URS Corporation (“URS” or the “Company”) (NYSE: URS) relating to the proposed buyout of the Company by AECOM Technology Corporation (“AECOM”). On July 13, 2014 URS and AECOM announced that they had entered into a definitive agreement pursuant to which AECOM will acquire URS in a merger valued at approximately $4 billion. Under the terms of the transaction, shareholders of URS will receive per share consideration equal to $33.00 in cash and 0.734 shares of AECOM common stock for each URS share. URS stockholders may elect to receive all cash or all stock consideration, subject to proration in the event of oversubscription. The firm’s investigation seeks to determine, among other things, whether the Company’s board of directors breached their fiduciary duties by failing to maximize shareholder value before agreeing to enter into this transaction, and whether AECOM is underpaying for URS shares. If you currently own common stock of URS and would like to learn more about the investigation being conducted by Brower Piven, without cost or obligation to you, please visit our website at http://www.browerpiven.com/currentinvestigations.html. You may also request more information by contacting Brower Piven either by email at firstname.lastname@example.org or by telephone at (410) 415-6616. Attorneys at Brower Piven have extensive experience in litigating securities and other class action cases and have been advocating for the rights of shareholders since the 1980s.
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