Republic Services Responds to Unsolicited Proposal from Waste Management
2008-07-14 10:48:00
Republic Services Responds to Unsolicited Proposal from Waste Management
FORT LAUDERDALE, Fla.–(EMWNews)–Republic Services, Inc. (NYSE: RSG) today issued the following statement
in response to the unsolicited proposal from Waste Management, Inc.
“The Board of Directors of Republic Services,
along with its legal and financial advisors, will carefully review the
proposal received from Waste Management consistent with its fiduciary
duties. Following its review, the Board will respond in due course.”
As previously announced on June 23, 2008, Republic Services and Allied
Waste Industries, Inc. (NYSE: AW) have signed a definitive merger
agreement that firmly establishes one of the nation’s
leading waste and environmental services providers.
About Republic Services, Inc.
Republic Services, Inc. is a leading provider of environmental services
including solid waste collection, transfer and disposal services in the
United States. The company’s operating units
are focused on providing solid waste services for commercial,
industrial, municipal and residential customers.
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Republic Services, Inc. Holmes, 954-769-2387 Abernathy MacGregor Group |
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