Waste Management to Buy Advanced Disposal Services for About $2.9 Billion

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Waste Management will buy its smaller rival Advanced Disposal Services in a roughly $2.9 billion deal, marking its biggest acquisition ever

Waste Management Inc. is buying competitor Advanced Disposal Services Inc. for around $2.9 billion in cash.

The companies said the offer of $33.15 a share comes out to a premium for Advanced Disposal shareholders of 22.1% based on the company’s closing price Friday. Shares most recently closed at $27.14 a share.

 

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Barklie

Get out they pockets

Ooh monopoly.... That's great for consumers

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