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Marsulex Inc.

03:51 PM EST - Marsulex Inc. : announced today that it has signed a definitive agreement to sell its Stablex division, a leading North American provider of hazardous waste services, to U.S. Ecology, Inc. for $80 million. The transaction is expected to close on October 31, and is subject to normal and customary closing conditions, including a purchase price adjustment based on working capital. Marsulex Inc. shares T.MLX are trading down $0.25 at $11.00.