Bill Gates continues investment in Republic Services

By Lisa Kerner

Charlotte, N.C., Feb. 23 - Republic Services, Inc. investor Cascade Investment, LLC purchased 4,247,900 shares of the company's common stock between Feb. 6 and Feb. 19 for a total of $102 million.

The weighted average price per share for the purchases ranged from $23.17 to $24.78, according to a schedule 13D/A filing with the Securities and Exchange Commission.

Cascade purchased 3,850,995 shares of the Fort Lauderdale, Fla., company's common stock between Jan. 27 and Feb. 5 for a total of $98.63 million, a prior SEC filing said.

Through Cascade Investment and the Bill & Melinda Gates Foundation Trust, Bill and Melinda Gates own 51,992,469 shares, or 13.7%, of Republic Services.

The company provides environmental services, including solid waste collection, transfer and disposal services.

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