Waste Management (WMI) Responds to Republic Services Rejection
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Waste Management, Inc. (NYSE: WMI) today issued the following statement in response to the announcement by Republic Services, Inc. (NYSE: RSG) that its Board rejected Waste Management's $34.00 per share all-cash proposal.
"We are disappointed in the Republic Board of Directors' unwillingness to consider Waste Management's proposal as one that could reasonably be expected to lead to a superior proposal. Waste Management's Board and management team are well advised and will evaluate the Company's options."
Waste Management, Inc. provides integrated waste services in the United States and internationally.
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