Waste Connections (WCN) to Acquire R360 Environmental Solutions in $1.3B Deal

Waste Connections, Inc. (NYSE: WCN) today announced that it has entered into an agreement to acquire the business and operating subsidiaries of R360 Environmental Solutions, Inc. (together, "R360") for approximately $1.3 billion in cash. R360 is a leading provider of non-hazardous oilfield waste treatment, recovery and disposal services in several of the most active natural resource producing areas in the United States, including the oil-rich Permian, Bakken and Eagle Ford Basins. It operates 26 facilities across Louisiana, New Mexico, North Dakota, Oklahoma, Texas and Wyoming and has annualized revenue of approximately $300 million. The transaction remains subject to certain closing conditions, including receipt of regulatory approvals.

Closing is expected to occur in the fourth quarter of 2012.

---

Serious News for Serious Traders! Try StreetInsider.com Premium Free!

---

You May Also Be Interested In

• Progress Software Corporation (PRGS) Issues Statement on a Possible Offer for MariaDB
• Bentley Systems Inc. (BSY) is Exploring Options That Include A Sale After Attracting Interest From Potential Suitors, Sources Say - Reuters
• Nature's Miracle Holding (NMHI) and Agrify (AGFY) to Merge