Advertisement
 
YOU ARE HERE: LAT HomeCollectionsWashington Construction Group Inc
IN THE NEWS

Washington Construction Group Inc

MORE STORIES ABOUT:
FEATURED ARTICLES
BUSINESS
May 17, 1996 | From Associated Press
Troubled engineering giant Morrison Knudsen Corp., whose proud past includes such huge projects as the Hoover Dam, agreed Thursday to be purchased by a much smaller rival in a deal worth nearly $400 million. Morrison, which has struggled to remain solvent since shocking Wall Street last year with the disclosure of massive losses, will be combined with Washington Construction Group Inc., a Southern California company controlled by Montana entrepreneur Dennis Washington.
ARTICLES BY DATE
BUSINESS
August 27, 1996 | Times Staff and Wire Reports
Morrison Knudsen Bankruptcy Plan OKd: The Boise, Idaho-based company said it won court approval of its bankruptcy plan, giving it a green light to swap its burdensome debt for equity and merge with rival Washington Construction Group. Morrison Knudsen Corp., the 84-year-old construction company that built Hoover Dam and other projects, filed for bankruptcy in June, proposing to swap $360 million of debt for new equity and other assets in order to appease debt holders. Highland, Calif.
Advertisement
BUSINESS
May 14, 1996 | From Reuters
Troubled engineering giant Morrison Knudsen Corp. said Monday that it is in negotiations to be purchased by a much smaller rival in a deal that would be part of a prepackaged bankruptcy filing. A source familiar with the negotiations said a tentative agreement with Washington Construction Group Inc., valued at nearly $350 million, could be announced as early as today.
BUSINESS
May 17, 1996 | From Associated Press
Troubled engineering giant Morrison Knudsen Corp., whose proud past includes such huge projects as the Hoover Dam, agreed Thursday to be purchased by a much smaller rival in a deal worth nearly $400 million. Morrison, which has struggled to remain solvent since shocking Wall Street last year with the disclosure of massive losses, will be combined with Washington Construction Group Inc., a Southern California company controlled by Montana entrepreneur Dennis Washington.
BUSINESS
August 27, 1996 | Times Staff and Wire Reports
Morrison Knudsen Bankruptcy Plan OKd: The Boise, Idaho-based company said it won court approval of its bankruptcy plan, giving it a green light to swap its burdensome debt for equity and merge with rival Washington Construction Group. Morrison Knudsen Corp., the 84-year-old construction company that built Hoover Dam and other projects, filed for bankruptcy in June, proposing to swap $360 million of debt for new equity and other assets in order to appease debt holders. Highland, Calif.
BUSINESS
January 25, 1997 | From Times Wire Services
Monsanto Co. said Friday that its fourth-quarter earnings rose 1.1%, in line with expectations, to cap a year in which the company moved to shed its remaining chemicals business and establish itself as a dominant force in agricultural biotechnology. Profit from operations rose to $90 million, or 15 cents a share, from $89 million, also 15 cents a share, in the year-earlier period. The results were just short of the 16-cents-a-share forecast by analysts. St.
BUSINESS
May 14, 1996 | From Reuters
Troubled engineering giant Morrison Knudsen Corp. said Monday that it is in negotiations to be purchased by a much smaller rival in a deal that would be part of a prepackaged bankruptcy filing. A source familiar with the negotiations said a tentative agreement with Washington Construction Group Inc., valued at nearly $350 million, could be announced as early as today.
Los Angeles Times Articles
|