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Laidlaw Trash Unit

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September 19, 1996 | Times Staff and Wire Reports
Allied Waste to Pay $1.5 Billion for Laidlaw Trash Unit: The move by Allied Waste Industries Inc. of Scottsdale, Ariz., to acquire the solid waste company three times its own size will make it the fourth-largest solid waste management company in the United States. The deal, which comes amid growing consolidation within the $35-billion trash collection and disposal industry, calls for Allied to pay $1.2 billion in cash and the rest in stock and notes. Allied's shares rose 37.5 cents to $9.
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BUSINESS
September 19, 1996 | Times Staff and Wire Reports
Allied Waste to Pay $1.5 Billion for Laidlaw Trash Unit: The move by Allied Waste Industries Inc. of Scottsdale, Ariz., to acquire the solid waste company three times its own size will make it the fourth-largest solid waste management company in the United States. The deal, which comes amid growing consolidation within the $35-billion trash collection and disposal industry, calls for Allied to pay $1.2 billion in cash and the rest in stock and notes. Allied's shares rose 37.5 cents to $9.
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