Monday, June 10, 2013

Acquisition of Energy Solutions by Energy Capital Partners

Energy Solutions announced on May 24th that they were closing their merger with Energy Capital Partners. Energy Solutions withdrew its common stock from the NYSE and and has not arranged to release common stock under any other securities exchange.

Unfortunately, I was not able to determine if the information available from the Energy Solutions news site article (available here) was stating whether the two corporate entities were ending discussions of merging with either the intent of going their separate ways or with the intent of actually merging. I believe that they are merging, but I wasn't able to tell for sure. If any of you who read this knows I would appreciate a comment about it below.

Once again, I think that the acquisition is an interesting development with the possibility to open up more options for Nuclear Energy in Utah.

I apologize for the lateness of this post. Thank you for reading.
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Sources:

http://www.energysolutions.com/media-center/current-press-releases?viewID=184
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