Carillion Gives Up On $5.1B Construction Merger
By Tom Zanki ( August 20, 2014, 12:28 PM EDT) -- British construction giant Carillion PLC dropped its bid Wednesday to acquire Balfour Beatty PLC to that would spawn a $5.1 billion construction and infrastructure services giant, after the rival's board of directors declined to request an extension to a looming deadline following three public rejections of Carillion's pursuit of an acquisition....
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