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Stock Market & Financial Investment News

News Breaks
January 7, 2013
10:45 EDTESEnergySolutions to be acquired by Energy Capital Partners unit for $3.75 p/s
EnergySolutions announced earlier that it has entered into a definitive acquisition agreement to be acquired by a subsidiary of Energy Capital Partners in a transaction with an enterprise value of $1.1B. Under the terms of the agreement, EnergySolutions’ shareholders will receive $3.75 in cash for each share of common stock. This represents a premium of approximately 20% over the average closing share price of EnergySolutions’ common stock for the 30 days ended January 4, 2013. The definitive acquisition agreement has been unanimously approved by the EnergySolutions’ Board of Directors.
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