Wedbush Upgrades Heckmann Corporation (HEK) to Neutral; Power Fuels Appears Financially Attractive
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Heckmann (HEK) to Acquire Badlands Energy's Power Fuels Unit in Cash, Stock Deal
September 4, 2012 6:26 AM EDTHeckmann (NYSE: HEK) has entered into a definitive agreement with Mark Johnsrud, founder and owner of Badlands Energy, LLC, a North Dakota limited liability company doing business as Power Fuels, to merge with Power Fuels, a privately held North Dakota-based environmental services provider focused on the transportation, treatment, recycling, and disposal of fluids at Power Fuels sites.
Power Fuels is the largest environmental services company in the Bakken Shale basin, a premier unconventional... More
