RE:RE:Island CopperWikipedia
In 1969, Utah Construction went public on the New York Stock Exchange with the symbol UC. The construction business was sold to the Fluor Corporation in 1969. In 1971, the company changed its name to Utah International. The company merged with General Electric in 1976 for a value of over $2.2 billion, the largest corporate merger in history at that time. In 1984 General Electric sold the company to BHP.[4][5]
The Wattis Brothers received funding from David Eccles, Thomas Dee,[2] Joseph Clark and James Pingree families. Thomas Dee served as the first president of Utah Construction until his death in 1905, David Eccles served as the second president, and David Eccels' son Marriner became the president of Utah Construction concurrently with being the Federal Reserve chairman. The shareholders and Val Browning acquired the shares of Warren Wattis in the 1940s. The Wattis Brothers original $8,000 investment in 1900, grew to $478 million after the 1976 acquisition by General Electric.