This content is available for purchase. It is FREE of charge for ENR subscribers.

IT Group Seeks Bankruptcy Move As Part Of Planned Sale To Shaw

Publication Date: 28-JAN-02
Author: Richard Korman and Debra K. Rubin
Format: HTML

    
Description:
The IT Group Inc. is seeking a way out of its financial distress by agreeing to a plan in which it would declare bankruptcy and sell most of its assets to The Shaw Group Inc. for between $160 million and $200 million. Under the plan, Shaw would provide it with a credit facility of up to $75 million. Significantly, up to 50% of the purchase price is payable ...
SUBSCRIBER LOGIN
Forgot your password?
loginregister subscription
Monthly Subscription:
Access all articles published on ENR.com for only $9.95/Month.
Annual Subscription:
Get ENR magazine for one year and access to all articles published on ENR.com, along with ENR daily news alerts and weekly newsletters for only $82/Year.
add to cart

Generic Keywords: (What are these?)
Construction Industry, News Articles, Business Conditions & Analysis, Markets, Finance, Costs, Legislation, Government, Management, Labor, Construction Methods, Equipment & Materials, Engineering News-Record (ENR)
----- Advertising -----
ENR's Top Lists
ENR attempts to bring structure to an otherwise huge and chaotic industry by performing annual survey and ranking companies engaged in general contracting, specialty contracting, engineering, architecture, planning and studies. View all.
ENR's Source Books
ENR publishes various sourcebooks each year which rank design firms, contractors participating in our surveys in almost fifty separate market sectors, giving them an opportunity to demonstrate their particular areas of expertise. View all.
Find a job in the Career Center
----- Advertising -----