Aecom To Pay $324M To Buy Davis Langdon

Law360, New York (August 5, 2010, 4:44 PM EDT) -- Aecom Technology Corp., a technical and management support service provider, said Thursday it would buy Davis Langdon LLP, a cost and project management consultancy, in a deal worth $324 million — its fourth acquisition since May.

Also on Thursday, Aecom released financial results for the quarter ending June 30, reporting profits of almost $65 million, or 56 cents per share, a 30 percent increase over last year. Third-quarter revenue rose to $1.6 billion, up 6 percent from the same period in 2009.

“Our efforts to leverage...
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