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Here's the deal: The No. 1 U.S. trash hauler, Waste Management Inc., raised its unsolicited bid for No. 3 hauler Republic Services Inc. to $6.73 billion. Republic rejected that bid in August. It would rather hook up with No. 2 hauler, Allied Waste Industries. And things are moving forward....
Posted on September 17, 2008 4:59 PM
Apparently, Waste Management Inc. doesn't want its offer to be dumped, but it looks like it may have to spin off some businesses in order to complete the deal. The Houston company has raised its bid for Republic Services Inc. 8.8% from $6.2 billion to $6.73 billion. Standard & Poor's...
Posted on August 11, 2008 2:36 PM
Waste Management Inc.'s $6.2 billion offer to acquire Republic Services Inc. wasn't enough to derail its rival's planned merger with Allied Waste Industries. Republic announced on Friday that it would not enter negotiations with Waste Management, saying the proposed deal would generate fewer cost savings and less value for shareholders...
Posted on July 18, 2008 10:20 AM
Big banks may be toppling under weight of the credit crunch, but strategics are in full force. The big news Monday was Anheuser-Busch Cos. agreement to be acquired by InBev SA for $52 billion, creating an $80 billion beer company. Other merger Monday news centered on Republic Services Inc. They deal with beer bottles, too - empty ones. Waste Management...
Posted on July 14, 2008 12:12 PM
Last year saw a big deal in one major roll-up sector, the school bus industry, as the U.K.'s FirstGroup plc bought Laidlaw International Inc. in a $3.6 billion deal. Now it looks like there may be a big deal coming in the largest and oldest of the roll-up sectors, waste...
Posted on June 16, 2008 1:04 PM
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Juergen Lasowski
And the winners are...
