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Jacobs Engineering Group announced that CH2M stockholders approved the merger, with Jacobs acquiring CH2M via a reverse subsidiary merger. The deal value is approximately $88.08 per share in cash or stock.
Jacobs Engineering Group Inc. agreed to acquire all outstanding shares of CH2M HILL Companies Ltd. in a cash and stock transaction with an enterprise value of approximately $3.27 billion, including about $416 million of CH2M net debt. The deal was announced on August 2, 2017.