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ENR > Finance > At 11th Hour, Kajima Snags Austin Assets from AECOM - McGraw-Hill Construction | ENR

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At 11th Hour, Kajima Snags Austin Assets from AECOM - McGraw-Hill Construction | ENR

Publication Date: 23-DEC-05
Author:  Richard Korman
Price: $4.95
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In an auction held in Austin Co.’s attorneys’ offices in Cleveland Dec. 16th, Kajima bid significantly higher than the original $2.5 million price that AECOM had offered for Austin Co.’ s assets, the sources say. AECOM had prior to Austin Co’s October bankruptcy filing agreed to pay that amount, plus some assumed liabilities. But under the ...

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