Latham Reps Energy Capital In Buy Of $1.1B Nuclear Servicer

Law360, New York (January 7, 2013, 1:28 PM EST) -- Private equity firm Energy Capital Partners will buy nuclear services provider EnergySolutions Inc. in a deal that values the company at $1.1 billion, infusing the company with cash needed to fuel expansion in the U.S. and abroad, the pair said Monday.

Under the deal's terms, Energy Capital will pay $3.75 in cash for each EnergySolutions share, roughly a 20 percent premium over the company's average close over the past 30 days, for a consideration of $338 million.

The parties did not offer a timetable or spell...
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