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March 1, 2013
11:34 EDTCLHClean Harbors to delay filing Form 10-K
The registrant acquired on December 28, 2012 all of the outstanding shares of Safety-Kleen and its subsidiaries for approximately $1.3B. The registrant is currently finalizing its financial statements for inclusion in the registrantís Annual Report on Form 10-K for the year ended December 31, 2012, but has experienced delays in completing those financial statements. These delays have resulted primarily from the complexity and extent of work required in light of the size of that acquisition. The registrant previously announced its unaudited fiscal year-end 2012 financial results by press release, dated February 20, a copy of which was furnished as an exhibit to a Form 8-K filed with the SEC on February 20. Such unaudited results reflected various changes in the registrantís results of operation from the previous year, the more significant of which were summarized in the text portion of the press release. The registrant does not expect that the audited financial statements that will be included in its Form 10-K for the year ended December 31, 2012 will reflect any material differences from the results of operation reflected in such unaudited results.
News For CLH From The Last 14 Days
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April 14, 2015
16:06 EDTCLHClean Harbors and Nuverra close acquisition of Thermo Fluids
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07:03 EDTCLHClean Harbors acquires TFI from Nuverra Environmental for $85M
Clean Harbors (CLH) and Nuverra Environmental Solutions (NES) announced the close of Clean Harbors' planned acquisition of Thermo Fluids, or TFI, from Nuverra. Clean Harbors purchased Thermo Fluids for $85M in an all-cash transaction. Nuverra will apply 100% of the net proceeds received to reduce the outstanding balance under its asset-based revolving credit facility. Pursuant to the agreement, $4.25M of the proceeds was deposited into an indemnity escrow account to secure certain obligations of Nuverra under the purchase agreement. After giving effect to the indemnity escrow, the closing date working capital adjustment and the payment of transaction fees and expenses, the amount of net cash proceeds received by Nuverra on the closing date was approximately $74.6M.

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