Granite Construction to Acquire Layne Christensen in $565MM Stock Merger Transaction

Positions Granite as a National Leader Across Both Transportation and Water Infrastructure Markets Transaction Equity Value of $376 Million Expected to Generate Annual Cost Synergies of Approximately $20 Million Enterprise Value Multiple of 8.2x 2018 Expected EBITDA1, Including Full Run-Rate of Cost Synergies Expected to be Accretive to Granite's Adjusted EPS and High Single-Digit Accretive […]