Washington Construction Group Inc

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.

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.

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.

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.

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.

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.

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.