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Monday, January 7, 2013

EnergySolutions to be sold for $338.5 mln, (NYSE: ES), (NYSE: WM)

Nuclear waste management company EnergySolutions Inc will be bought by a unit of private equity firm Energy Capital Partners II LLC for $338.5 million in cash. The deal has an enterprise value of $1.1 billion, the companies said in a statement.

EnergySolutions, Inc. provides specialized, technology-based nuclear services to government and commercial customers. Shares of ES remained unchanged at $3.44. In the past year, the shares have traded as low as $1.43 and as high as $5.43. On average, 938620 shares of ES exchange hands on a given day and today's volume is recorded at 86100.

Waste Management, Inc. (WM) is a provider of waste management services in North America. Shares of WM remained unchanged at $34.08. In the past year, the shares have traded as low as $30.82 and as high as $36.35. On average, 2963690 shares of WM exchange hands on a given day and today's volume is recorded at 0.



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