Investment firm Energy Capital Partners raised its offer for nuclear waste management company EnergySolutions Inc by 40 cents to $4.15 per share in cash, almost three months after its initial bid. The new offer is at an 11 percent premium to EnergySolutions's Thursday close on the New York Stock Exchange.
EnergySolutions, Inc. provides specialized, technology-based nuclear services to government and commercial customers. Shares of ES traded higher by 10.19% or $0.38/share to $4.11. In the past year, the shares have traded as low as $1.43 and as high as $4.57. On average, 1531580 shares of ES exchange hands on a given day and today's volume is recorded at 7476669.
Waste Management, Inc. (WM) is a provider of waste management services in North America. Shares of WM fell by 0.98% or $-0.38/share to $38.47. In the past year, the shares have traded as low as $30.82 and as high as $39.27. On average, 2815360 shares of WM exchange hands on a given day and today's volume is recorded at 976340.
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