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24 Jun 2008
DLA Piper advises Republic Services on $6B merger with Allied Waste
Press Release
DLA Piper is representing Republic Services (NYSE: RSG) in its $6.07 billion proposed merger with Allied Waste Industries. Under the terms, Allied shareholders will receive 0.45 shares of Republic common stock valued at $14.04 for each share of Allied they hold. The deal will join the second- and third-largest players in the disposal industry. The combined company, which will go by Republic Services, will have a total market cap of about $12 billion and will generate annual revenue of about $9 billion.
DLA Piper is advising Republic Services with respect to the antitrust regulatory review of the proposed merger. Edward B. Schwartz, and Kenneth G. Starling (both Washington, DC) lead the antitrust team with additional assistance from Dimitri J. Nionakis, Deana L. Cairo, Nikki Wood, Alexandra Marzelli, and Rubina Uzzaman (all Washington, DC). Harold Pomerantz (Chicago) is the relationship partner for Republic Services.
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