AECOM Tech Buys McNeil Technologies From Veritas Capital For $355 Million

AECOM Technology Corp. completed its acquisition of McNeil Technologies Inc., a Springfield, Va.-based government national security and intelligence services firm, from Veritas Capital and certain management shareholders. McNeil Technologies shareholders received $355 million. AECOM expects the deal will be neutral to earnings per share, but will add to cash earnings per share in fiscal 2011.

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