Waste Management is Buying Advanced Disposal Services

In a 4.9 billion dollar deal, Waste Management(WM 113.99 +0.09 +0.08%) announced its agreement to acquire Advanced Disposal Services
(ADSW 32.09 +0.01 +0.03%).

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.