Synagro Technologies' bankruptcy will bring jobs to Baltimore

A Wednesday bankruptcy filing by Synagro Technologies Inc. means growth and new jobs for the Baltimore area as the waste recycler consolidates its headquarters in White Marsh. The Carlyle Group LP-owned company, which had been co-headquartered in Baltimore and Houston, said Wednesday that it would use bankruptcy to restructure debt and sell its assets to EQT Infrastructure in a $455 million deal. The company filed for a Chapter 11 reorganization of its debts in U.S. Bankruptcy Court in Delaware and said it expects the sale to be completed in two to three months. read more at: http://articles.baltimoresun.com/2013-04-24/business/bs-bz-synagro-bankruptcy-20130424_1_bankruptcy-filing-carlyle-group-synagro-technologies-inc