Reuters: U.S.: Deal 'imminent' to sell Harrisburg's debt-laden incinerator

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Deal 'imminent' to sell Harrisburg's debt-laden incinerator Jul 24th 2013, 13:12 Tweet Share this Email Print Related News U.S. regulators charge Miami with misleading investors Fri, Jul 19 2013 Pennsylvania lawmakers pass budget but not pension reform Sun, Jun 30 2013 Covanta to settle incinerator lawsuit against Harrisburg Wed, Jun 26 2013 Analysis & Opinion Free speech or securities fraud? 1 of 2. A trash truck enters the Harrisburg Incinerator in Harrisburg, Pennsylvania, March 10, 2010. Credit: Reuters/Tim Shaffer Wed Jul 24, 2013 9:12am EDT (Reuters) - The city of Harrisburg, Pennsylvania, said on Wednesday that it reached an agreement to sell the garbage incinerator that burned a $345 million hole in its finances and nearly left it bankrupt. State-appointed receiver William Lynch said in a statement that a deal is imminent to sell the incinerator to Lancaster County Solid Waste Management. The terms of the deal, which must be approved by a court overseeing the city's financial recovery plan, were not disclosed in the statement. (Reporting by Hilary Russ; Editing by Tiziana Barghini and Chizu Nomiyama) Tweet this Link this Share this Digg this Email Reprints We welcome comments that advance the story through relevant opinion, anecdotes, links and data. If you see a comment that you believe is irrelevant or inappropriate, you can flag it to our editors by using the report abuse links. Views expressed in the comments do not represent those of Reuters. For more information on our comment policy, see http://blogs.reuters.com/fulldisclosure/2010/09/27/toward-a-more-thoughtful-conversation-on-stories/ Comments (0) Be the first to comment on reuters.com. Add yours using the box above.

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