If Jacobs Engineering Group Inc. (NYSE: JEC) is able to close a $3.27 billion deal to acquire rival Denver-based CH2M HILL Companies Ltd., it will be the biggest M&A deal the global engineering firm has done in its 70-year history.

And it will be one of the largest the industry has ever seen, Jacobs Chairman and CEO Steve Demetriou told the Dallas Business Journal.

“The industry needs a new type of company that focuses on innovation,” Demetriou told the DBJ.”We want to bring new tools and approaches…

Houston Biz Journal
Jacobs CEO: CH2M Hill acquisition will create a B company