Republic Services, Allied Waste merger to close on Dec. 5

By Lisa Kerner

Charlotte, N.C., Dec. 4 - Republic Services, Inc. and Allied Waste Industries, Inc. expect to complete their merger on Dec. 5 after reaching an agreement with the U.S. Department of Justice on Wednesday.

The agreement was endorsed by the U.S. District Court in Washington, D.C., a Republic Services news release said.

Stockholders of both companies approved the merger in November.

Under the agreement with Republic Services, Allied Waste shareholders will receive 0.45 of a share of Republic Services common stock for each share of Allied Waste common stock, it was previously reported.

Republic Services, based in Fort Lauderdale, Fla., provides environmental services, including solid waste collection, transfer and disposal services. Allied Waste is a non-hazardous solid waste services company located in Phoenix.

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