Nuclear Waste Firm EnergySolutions Goes Private
January 7, 2013 by Paul Ausick
Under the terms of the agreement, EnergySolutions may solicit superior bids until February 6. No expected closing date was given for the transaction, which must receive regulatory approval in the United States and the United Kingdom and approval from the company’s current shareholders.
Predecessor companies to EnergySolutions have operated a low-level radioactive waste facility in the desert west of Salt Lake City since 1990. The company also owns another disposal facility in South Carolina. Virtually every nuclear power plant in the U.S. and the U.K. uses EnergySolutions directly or indirectly.
Shares are up 9.6% in early trading, at $3.77 in a 52-week range of $1.43 to $5.43.
Take This Retirement Quiz To Get Matched With A Financial Advisor (Sponsored)
Take the quiz below to get matched with a financial advisor today.
Each advisor has been vetted by SmartAsset and is held to a fiduciary standard to act in your best interests.
Here’s how it works:
1. Answer SmartAsset advisor match quiz
2. Review your pre-screened matches at your leisure. Check out the
advisors’ profiles.
3. Speak with advisors at no cost to you. Have an introductory call on the phone or introduction in person and choose whom to work with in the future
Take the retirement quiz right here.