Davis Malm Guides Clean Harbors In $1.25B Safety-Kleen Buy

Law360, New York (October 29, 2012, 11:53 AM EDT) -- Waste management company Clean Harbors Inc. will fork over $1.25 billion for private equity-backed Safety-Kleen Inc., the buyer said Monday, ending a longtime pursuit and allowing Clean Harbors to expand its offerings to include oil recycling.

Clean Harbors said it expected the all-cash deal to deliver value to its shareholders upon closing, expected by the end of the year pending approval from regulators in the U.S. and Canada. The Massachusetts company did not give a financing breakdown, but said it had nailed down funding from Goldman...
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