March 03, 2014
A Pennsylvania federal judge granted preliminary approval Monday to a deal in which Michael Baker Corp. will fork over more information to investors who had alleged the company's $397 million sale to a private-equity-backed government contractor was "grossly inadequate."
September 25, 2013
Investors in engineering firm Michael Baker Corp. on Tuesday sued the company in Pennsylvania federal court, alleging its directors backed a "grossly inadequate" $397 million sale to private equity-backed Integrated Missions Solutions Inc. for their own benefit.