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Article: Waste Management Reaffirms Intent to Acquire Republic Services.
- Article from:
- Business Wire
- Article date:
- July 28, 2008
CopyrightCOPYRIGHT 2008 Business Wire. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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HOUSTON -- Waste Management, Inc. (NYSE:WMI) today issued the following statement:
The actions by Republic Services' Board announced today do not change our focus on acquiring Republic. Waste Management made its proposal on July 14, 2008, with the objective of presenting Republic's Board and stockholders a transaction intended to serve the interests of all Republic stockholders as well as Waste Management's stockholders. We are working diligently to prepare a response that addresses all of the issues raised by Republic's Board in their letter dated July 18, 2008.
About Waste Management
Waste Management, Inc., based in Houston, Texas, is the ...