URS Corp. URS shares jumped nearly 5 percent on a rumor that negotiations leading to its possible acquisition were held recently.
URS had hired Citigroup and DB Partners to help with a sale, according to the report carried by Reuters.
Activist investor Barry Rosenstein's Jana Partners acquired a 9.7 percent stake in URS in February.
URS on March 17 agreed with Jana to expand the size of its board and form a "Value Creation Commitee" that would hire an investment bank for a strategic review.
URS traded recently at $52.63, up 3.34 percent.
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