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EnergySolutions Enters a $60 Million "Stalking Horse" Agreement to Acquire Certain Assets from Williams Industrial Services Group in Chapter 11 Bankruptcy Proceedings

EnergySolutions Enters a $60 Million "Stalking Horse" Agreement to Acquire Certain Assets from Williams Industrial Services Group in Chapter 11 Bankruptcy Proceedings

In summary, Williams Industrial is seeking Chapter 11 protection with the Bankruptcy Court. As part of this filing, EnergySolutions has agreed to purchase various assets from Williams Industrial for $60MM, pending the Court's approval. However, approval of the deal may take two months or longer. Salt Lake City
David Politis