Tuesday, May 6, 2014

Balfour Beatty May Sell Parsons Brinckerhoff Amid Downgraded Profit Outlook | ENR: Engineering News Record | McGraw-Hill Construction

Balfour Beatty May Sell Parsons Brinckerhoff Amid Downgraded Profit Outlook | ENR: Engineering News Record | McGraw-Hill Construction

The "why" of this statement needs research:

While PB has been “a highly successful business” that has grown since its acquisition, Balfour Beatty said that "having professional services and construction capabilities combined within one organization has not delivered material competitive advantage."

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