Amerex Group (AEXG.OB) Signs Letter of Intent to Purchase Waste Treatment Facility
Amerex Group, Inc. announced today that it has entered into a Letter of Intent to purchase Perma-Fix Treatment Services, Inc. of Tulsa, OK from Perma-Fix Environmental Services, Inc. (Nasdaq: PESI; BSE: PESI; Germany: PES.BE). This transaction is subject to Amerex completing its due diligence and the parties entering into a definitive agreement. Perma-Fix Treatment Services, housed on more than 25 acres, and licensed to accept an extensive list of waste materials, includes a water treatment facility. The initial terms of the agreement stipulate that Amerex will pay $2.2 million for all of the assets and the assumption of certain liabilities…