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Washington Group Faces Liquidity Crunch After Raytheon Buy
Washington Group chair Ian Dennis Washington said liquidity problems threaten the company’s viability. The firm faces default covenants, may delay 2000 results, and could seek creditor protection if financing cannot be found. Raytheon Engineering & Construction officials say undisclosed project problems existed before the acquisition.
MENTIONED IN THIS ARTICLE
Washington Group
Raytheon Engineering & Construction
Thomas D. Hyde
Raytheon
Ian Dennis Washington
Washington
Seri Us
Re&c
Higde
WGI
SRS
Standard & Poor
Boise
Morrison Knudson Corp
Raytheon Engineers & Constructors
Raytheon Corp
Raytheon Engineers and Constructors