Judge Nixes 'Failing Firm' Defense in Blocking Merger of Nuclear-Waste Disposal Giants

, Delaware Law Weekly


Waste Control Specialists and EnergySolutions Inc. engaged in a single-bidder sale process that boxed out other potential buyers and torpedoed the market-leading nuclear waste disposal companies' defense of a planned $367 million merger that was nixed last month on antitrust grounds, a Delaware judge said in a just-unsealed opinion.

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