According to Reuters, Tutor Perini (TPC) approached by Apollo Global Management (APO)

  • March 1, 2020

POTENTIAL DEAL DETAILS

StockTutor Perini CorporationSymbolTPC
Date Announced02/28/2020Source Reuters
TypeNews Report

Private equity firm Apollo Global Management Inc (APO) has approached Tutor Perini Corp (TPC), one of the largest U.S. general contractors, with a close to $1 billion acquisition offer, people familiar with the matter said.

Update(s):

March 02, 2020: In response to media reports, Tutor Perini Corporation (TPC), a leading civil, building and specialty construction company, confirmed today that a Special Committee of its Board of Directors comprised of independent directors, on behalf of the Company, is engaged in discussions regarding a potential transaction for the acquisition of Tutor Perini.

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