TITLE

Fortress International Weighs Alternatives

AUTHOR(S)
Marino, Jonathan
PUB. DATE
August 2009
SOURCE
Mergers & Acquisitions Report;8/24/2009, Vol. 22 Issue 34, p1
SOURCE TYPE
Periodical
DOC. TYPE
Article
ABSTRACT
The article reports on the options being considered by Washington, D.C.-based Fortress International Group as it experienced a decline in revenue since the recession. The engineering and construction firm could sell or seek a merger in light of a greater-than-expected second quarter loss. It presents remarks of chief executive Thomas Rosato on the issue. A deficiency letter was received by the company from Nasdaq which reminded it to ensure its board is comprised of a majority of independent directors.
ACCESSION #
44148461

 

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