Waste Management is Buying Advanced Disposal Services

In a 4.9 billion dollar deal, Waste Management(WM 119.43 +1.23 +1.04%) announced its agreement to acquire Advanced Disposal Services
(ADSW 32.49 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.