July 29 (Reuters) - Bird Construction Inc BDT.TO :
* BIRD CONSTRUCTION INC - BIRD WILL ACQUIRE STUART OLSON FOR AGGREGATE CONSIDERATION OF $96.5 MILLION
* BIRD CONSTRUCTION INC - DEAL ACCRETIVE TO CASH FLOWS FROM OPERATIONS BEFORE CHANGES IN NON-CASH WORKING CAPITAL, ADJUSTED. EPS
* BIRD CONSTRUCTION INC - CONSIDERATION WILL CONSIST OF $30.0 MILLION CASH AND $66.5 MILLION OF COMMON SHARES OF BIRD
* BIRD CONSTRUCTION INC - CASH CONSIDERATION WILL BE FUNDED THROUGH AVAILABLE CAPACITY UNDER EXISTING REVOLVING CREDIT FACILITY