Waste Management is Buying Advanced Disposal Services

In a 4.9 billion dollar deal, Waste Management(WM 139.11 +0.57 +0.41%) announced its agreement to acquire Advanced Disposal Services
(ADSW 30.30 0.00 0.00%).

WM will pay $33.15 a share, over a 20% premium from ADSW’s closing price on Friday.

The merger would combine the #1 and #4 waste management companies.