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Article: Republic Services Agrees to Purchase from Allied Waste Certain DOJ Required Divestitures for Approximately $230 Million.
- Article from:
- PR Newswire
- Article date:
- July 29, 1999
CopyrightCOPYRIGHT 1999 PR Newswire Association LLC. 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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- Companies Separately Announce Transactions
Involving Purchase and Sale of Certain Assets -
FORT LAUDERDALE, Fla. and SCOTTSDALE, Ariz., July 29 /PRNewswire/ -- Republic Services, Inc. (NYSE: RSG) and Allied Waste Industries, Inc. (NYSE: AW) announced today that they have entered into binding definitive agreements under which Republic Services has agreed to purchase certain solid waste services assets from Allied Waste for approximately $230 million in cash. The purchase, which includes assets located in seven markets, represents partial compliance with the requirements of the consent decree with the U.S. Department of Justice arising from Allied ...