Bill Gates continues to invest in Republic Services

By Lisa Kerner

Charlotte, N.C., Feb. 9 - Republic Services, Inc. investor Cascade Investment, LLC purchased 3,850,995 shares of the company's common stock between Jan. 27 and Feb. 5 for a total of $98.63 million.

The weighted average price per share for the purchases ranged from $24.23 to $26.81, according to a schedule 13D/A filing with the Securities and Exchange Commission.

Through Cascade Investment and the Bill & Melinda Gates Foundation Trust, Bill and Melinda Gates own 47,744,569 shares, or 12.6%, of Republic Services.

Cascade purchased 3,909,638 shares of the Fort Lauderdale, Fla., company's common stock between Jan. 13 and Jan. 26 for a total of $448.65 million, a prior SEC filing said.

Republic Services provides environmental services, including solid waste collection, transfer and disposal services.

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