Roth MKM downgraded Heritage-Crystal Clean to Neutral from Buy with an unchanged price target of $45.50 following the expiration of the company’s “go-shop” period on August 23. Shareholders have voted to approve the go-private buyout with J.F. Lehman & Company and the firm does not anticipate any regulatory issues surrounding the transaction, nor does it expect JFLCO having any issuing in funding the purchase.
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