Waste Management is Buying Advanced Disposal Services

In a 4.9 billion dollar deal, Waste Management(WM 115.50 +0.60 +0.52%) announced its agreement to acquire Advanced Disposal Services
(ADSW 32.70 +0.02 +0.06%).

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.