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Republic Agrees to Pay Nearly $7 Million for Bridgeton Landfill Odor Issues

2014-04-18 18:07:00| Waste Age

A federal judge has given preliminary approval to a settlement of more than $6.8 million for more than 400 residents nearby the Bridgeton (Mo.) Sanitary Landfill, owned by Republic Services Inc., resulting from odor issues caused by an underground fire. read more

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Telus agrees new bid for Mobilicity

2014-04-18 09:36:00| Telecompaper Headlines

(Telecompaper) Mobilicity has reached a new agreement to be acquired by Telus for CAD 350 million. Mobilicity has been under protection from creditors since September last year. Last year it agreed a sale to Telus for CAD 380 million, but the deal was blocked by the Canadian government, which said it would not allow one of the new entrants on the mobile market after the spectrum auction in 2008 to be swallowed up by a larger incumbent. After the five-year moratorium on spectrum sales expired, Mobilicity said it expects the new transaction to gain regulatory approval, as it should not impact competition. The sale to Telus is expected to provide continuity of service for its 165,000 customers as well as its staff and suppliers. The company said it attracted five bidders in its sale process, with only Telus' offer deemed acceptable. Approximately 95 percent of the holders of Mobilicity's senior unsecured debt due 2018 support the transaction and have agreed to vote in favour of the plan. Completion also remains subject to court approval. 

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Hearts' banker agrees shares sale

2014-04-16 10:49:09| BBC News | Business | UK Edition

Ukio Bankas creditors approve the sale of its shares in Hearts, who can now begin their move out of administration.

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Defense Contractor Agrees To $1.1M Settlement

2014-04-16 01:59:52| IT Services - Topix.net

Federal officials say a Virginia defense contractor has agreed to pay $1.1 million to resolve allegations that the company falsified its employees' qualifications to overbill the government.

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Southern agrees to coal research with Chinese firm

2014-04-15 23:23:48| Energy - Topix.net

Southern Co. has signed a deal with a state-owned Chinese coal and energy company to help develop coal technologies, based in part on the coal gasification and carbon capture technology that Southern subsidiary Mississippi Power Co.

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