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Stock Market & Financial Investment News

News Breaks
June 3, 2014
07:03 EDTACMAECOM Capital, Lowe Enterprises form JV with Atlas Hotels
Lowe Enterprises and AECOM Capital, the investment fund of AECOM Technology Corporation, have formed a joint venture with long-time property owner Atlas Hotels, Inc. to own, operate and reposition the Town and Country Resort & Convention Center in the Mission Valley area of San Diego. Lowe’s hospitality management subsidiary, Destination Hotels & Resorts, has assumed management of the 954-room resort located at 500 Hotel Circle North. The new ownership group will immediately begin developing and implementing a program of property-wide infrastructure upgrades and creating a new long-term vision for the property.
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July 29, 2014
07:06 EDTACMAECOM Technology confirms acquisition of Hunt Construction Group
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06:14 EDTACMAECOM Technology said to acquire Hunt Construction, WSJ reports
Two weeks after agreeing to buy URS (URS) in a deal worth $4B, Aecom Technology (ACM) has reportedly acquired Hunt Construction Group, a construction management company, the Wall Street Journal reports. Terms of the Hunt deal have not been disclosed, though a deal is expected to be announced today. Reference Link

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