Lots of buyers with lots of cash, in this country and from abroad, as well as motivated sellers, are fueling a rebound in merger-and-acquisition activity so far in 2010. While it may not yet equal explosive pre-recession rates, the M&A boomlet is being pushed by new catalysts, along with continuing market and regulatory uncertainties, observers say. “Defensive deal-making continued to be the hallmark of M&A activity through the first half of the year,” says Mick Morrissey, principal of Morrissey Goodale, a Newton, Mass., management consultant. “By the end of June, the pace of industry consolidation had stopped declining.” While numbers
Arch dams, classically curved monoliths situated in narrow valleys, are not as common as other types of dams, such as embankment dams and gravity dams. ENR takes a look at some of the biggest arch dams in the world, both completed and under construction.