Moody's could lift Heckmann

Moody's Investors Service said it placed the ratings of Heckmann Corp. under review for upgrade.

Moody's said the review follows the Sept. 4 announcement of an agreement for Heckmann to acquire and merge with privately held peer Power Fuels in a stock and debt funded transaction. The merger is subject to customary approvals and is expected to close in the fourth quarter 2012.

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