Hill International (HIL) Acquired by GISI for $2.85/sh
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Hill International to be Acquired by Global Infrastructure Solutions Inc. for $2.85 Per Share
August 16, 2022 8:57 PM EDTPHILADELPHIA and NEW YORK, Aug. 16, 2022 (GLOBE NEWSWIRE) -- Hill International, Inc. (NYSE: HIL) (Hill or the Company), delivering the infrastructure of change, announced today it has entered into a definitive merger agreement with Global Infrastructure Solutions Inc. (GISI), the largest privately owned construction manager in the commercial building, industrial and healthcare markets, and a leading project/construction manager in the environmental and public infrastructure sectors.
Under the terms of the merger agreement, GISI will commence an all-cash tender offer to acquire 100% of the issued and outstanding shares of Hill for... More