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Republic Services spurns Waste Management; sticks with Allied (from Corporate Dealmaker)

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

Waste Management tries to block $6B Republic-Allied deal (from Corporate Dealmaker)

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