Value URS Places on Washington Group Intl. Shows Sector Appeal
Martin M. Koffel, the chief executive and chairman of URS Corp., had been set to retire at the end of last year but his directors convinced him to stay on.
Good thing that they did. The British-born financial expert, about whom little is known except for his love of horseback riding in the western U.S., had another company to round up: Washington Group International. On May 28 the two firms announced that URS Corp. would acquire WGI for $2.6 billion in cash and stock.