Clean harbors signs definitive agreement to acquire used motor oil collection and re-refining assets from vertex energy

Norwell, mass.--(business wire)--clean harbors, inc. (“clean harbors”) (nyse: clh), the leading provider of environmental and industrial services throughout north america, today announced the signing of a definitive agreement with vertex energy, inc. (“vertex”) (nasdaq: vtnr) to acquire certain assets related to vertex's used motor oil collection and re-refinery business in an all-cash transaction for $140 million, subject to working capital and other adjustments. the acquisition is expected to
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