Waste Management, Inc. reached a definitive agreement to sell certain of its North American solid waste businesses and one million cubic yards of disposal to Waste Corporation of America for approximately $110 million. In addition, WCA will assume closure and post closure liabilities.
The transaction, to be completed in the third quarter, is subject to approvals from various state and federal agencies as well as other normal and customary closing conditions.
Waste Management said the transaction will include 10 waste collection businesses in Arkansas, Kentucky, Missouri, Nebraska, Oklahoma and Texas; 12 landfills in Arkansas, Kansas, Kentucky, Missouri, Nebraska, Oklahoma and Texas; and 7 transfer stations in Arkansas, Missouri, Nebraska and Oklahoma.
Explore the April 2000 Issue
Check out more from this issue and find your next story to read.
Latest from Recycling Today
- Summa Equity acquires majority stake of Bollegraaf
- PTR adds new inside sales account manager
- Cascade Engineering distributes free carts in Flint, Michigan
- CMRA selects venue for nonferrous recycling event
- Biffa adds C&D recycling firm to its portfolio
- Cliffs lines up funding for Canadian acquisition
- BIR joins plastics life cycle effort
- Black mass analysis in the sights of equipment maker
