Along with reporting disappointing Q4 results, Heckmann (HEK) will acquire waste recycler and...

|By:, SA News Editor

Along with reporting disappointing Q4 results, Heckmann (HEK) will acquire waste recycler and environmental services company Thermo Fluids for $245M. The acquisition would be “immediately accretive” to 2012 earnings, and is projected to generate revenue of $105M-$115M for the final nine months of FY2012. HEK -3% premarket.