Clover Holdings Picks Up Phone Recycling Co.

Law360, New York (October 11, 2011, 2:17 PM EDT) -- Chicago-based office goods recycling company Clover Holdings Inc. has purchased cellphone recycler Full Circle Wireless Inc., the two companies said Tuesday.

Clover, which bills itself as the world's largest collector and recycler of cellphones and printer cartridges, will significantly expand its wireless recycling presence with its purchase of Irving, Calif.-based Full Circle, it said.

"Our acquisition of Full Circle Wireless is a clear demonstration of Clover's commitment to building the wireless industry's broadest and deepest buyback service solution,” Clover CEO Brian Regan said.

The two privately...
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