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Investment Guru Comments on Chicago Bridge and Iron

March 26, 2013 | About:

Although ADT was the top contributor from the industrial sector during the quarter, Chicago Bridge and Iron (CBI) was another strong performer in the sector. The global engineering and construction firm rose sharply in December after shareholders of Shaw Group approved Chicago Bridge and Iron's $3 billion acquisition which was proposed in July. The combined entities will become one of the largest energy construction and engineering contracting firms in the world.

From Keeley Funds' fourth quarter 2012 investor letter.


Rating: 3.3/5 (4 votes)

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