NEW YORK CITY-Tishman Construction Corp., which counts both the original and redeveloped World Trade Center among its credits, has been sold to Los Angeles-based AECOM Technology Corp. The $245-million purchase will be paid for in cash and AECOM common stock.

Dan Tishman, chairman and CEO of the 112-year-old construction management firm, will continue to lead Tishman’s operations while joining AECOM’s management team as a vice chairman and member of its board of directors. He says in a release that the sale represents “the logical next step in the continued growth and success of Tishman, allowing us to expand our reach globally and seize new opportunities as part of the worldwide AECOM team.”

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