Clarendon-Based Axios Being Acquired — “Axios has signed a deal to sell to its most recent lead investor, Cox Enterprises, the companies announced Monday. The cash deal values the company at $525 million, according to sources familiar with the deal.” [Axios, Washington Post]
Trash Burning Plant Now Cleaner — “Covanta, a leader in sustainable materials management and a premier provider of environmental solutions for businesses and communities, announced that the Covanta Alexandria Waste-to-Energy facility recently completed planned enhancements to its state-of-the-art pollution control technology. The goal is to further reduce nitrogen oxide (NOx) emissions, thereby helping to protect the environment.” [Arlington County]