2 of America's biggest waste-management companies are joining forces in a $4.9 billion deal - <WEB2019></WEB2019>

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Monday, 15 April 2019

2 of America's biggest waste-management companies are joining forces in a $4.9 billion deal

  • Waste Management and Advanced Disposal, two of America's largest waste-management companies, are joining forces in a $4.9 billion deal.
  • Advanced Disposal's shares surged 20% on the news.
  • The tie-up is expected to immediately boost earnings and cash flow, and generate $100 million in annual savings by cutting costs and slashing capital spending.
  • Watch Waste Management and Advanced Disposal trade live.

America's largest waste-management company is snapping up the nation's fourth-largest solid-waste company in a $4.9 billion deal, marking one of the biggest acquisitions in the waste collection, recycling, and disposal spaces in more than a decade.

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