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Merger of Aecom and URS to create giant L.A. construction firm
Merger of Aecom and URS to create giant L.A. construction firm

Los Angeles construction giant Aecom Technology Corp. — which has worked on downtown L.A. high-rises, World Cup stadiums and New York's new World Trade Center — will buy its San Francisco rival, URS Corp., in a $6-billion deal. The merged company will be among the world's largest firms in the construction and engineering sectors, in which Los Angeles already boasts substantial clout and expertise. It will also be the largest public company within the city limits. The companies had a combined $19 billion in revenue last year and employ about 95,000 people in 150 countries. "It will revitalize the Los Angeles region as being a place of intellectual capital,...

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