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BUSINESS
September 14, 2002 | Bloomberg News
Trash hauler Republic Services Inc. said H. Wayne Huizenga, 64, would retire as chairman, effective Dec. 31, and be replaced by the company's chief executive. Republic Services named James E. O'Connor, 53, chairman-elect, effective immediately. Huizenga will remain a member of the company's board. Huizenga co-founded Waste Management Inc., the world's largest waste-collection company. He also has owned Blockbuster Inc. and the Florida Marlins.
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BUSINESS
September 14, 2002 | Bloomberg News
Trash hauler Republic Services Inc. said H. Wayne Huizenga, 64, would retire as chairman, effective Dec. 31, and be replaced by the company's chief executive. Republic Services named James E. O'Connor, 53, chairman-elect, effective immediately. Huizenga will remain a member of the company's board. Huizenga co-founded Waste Management Inc., the world's largest waste-collection company. He also has owned Blockbuster Inc. and the Florida Marlins.
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BUSINESS
November 27, 2008 | times wire reports
Dun & Bradstreet Corp. and Republic Services Inc. were picked to replace Liz Claiborne Inc. and Allied Waste Industries Inc. in the Standard & Poor's 500 index. Dun & Bradstreet, owner of Hoover's business information service, will join the benchmark index for U.S. stocks after the close of trading Monday, S&P said. Republic Services is buying Allied Waste.
BUSINESS
June 14, 2008 | From Bloomberg News
Allied Waste Industries Inc. and Republic Services Inc., the second- and third-largest U.S. trash haulers by sales, are in talks to merge in a proposed transaction worth $6.59 billion. Allied Waste shareholders would receive 0.45 shares of Republic Services common stock for each Allied Waste share, the companies said Friday. The combination would create a larger rival to Houston-based Waste Management Inc., the biggest trash hauler by sales.
BUSINESS
September 29, 1998 | Bloomberg News
Republic Services Inc. plans to pay $500 million for landfills and other assets that top waste-disposal company Waste Management Inc. agreed to sell as part of its purchase by USA Waste Services Inc. The move is expected to add $160 million in annual revenue and boost earnings for Fort Lauderdale, Fla.-based Republic Services, the fourth-largest U.S. waste company. A government consent decree required Waste Management to sell some assets so it could be bought by USA Waste for $24.
BUSINESS
March 4, 1999 | Bloomberg News
Auto retailer Republic Industries Inc. plans a public sale of its remaining stake in trash hauler Republic Services Inc. after failing to get government approval for a tax-free shareholder distribution. Republic Industries expects to sell 112 million common shares of Republic Services, the fourth-largest U.S. trash hauler, in the second quarter.
BUSINESS
July 15, 2008 | From the Associated Press
Waste Management Inc. on Monday made an unsolicited offer to buy disposal company Republic Services Inc. for $6.19 billion in cash, aiming to block its biggest rivals from teaming against the nation's largest garbage hauler. The deal represented a counteroffer to Republic's planned acquisition of Allied Waste Industries Inc. that was announced in late June. Republic agreed to pay Allied Waste shareholders 0.45 of a Republic share for each Allied share they held. The stock deal between No.
BUSINESS
June 24, 2008 | From Bloomberg News
Republic Services Inc. agreed Monday to buy larger rival Allied Waste Industries Inc. for $6.1 billion to become North America's second-largest trash hauler as a weaker economy and rising fuel prices strain waste-removal companies. Allied investors will receive 0.45 Republic shares for each share they hold, the companies said. The price is 3.5% higher than Phoenix-based Allied's Friday closing price. Republic Chief Executive James O'Connor will lead the company, which will retain the Republic name and trail only Waste Management Inc. in waste-hauling.
BUSINESS
May 14, 1998 | From Reuters
Republic Industries Inc. said Wednesday that it will spin off its garbage-hauling division in a bid to jump-start the auto retailing giant's low stock price and fuel Chairman Wayne Huizenga's acquisitions campaign. In a two-step transaction, Republic this summer will sell a 25% to 30% stake in its Republic Services Inc. solid-waste division in a public stock offering and in 1999 spin off the rest to Republic's shareholders. The initial public offering should raise $1.
BUSINESS
October 14, 2008 | From the Associated Press
Waste Management Inc., the nation's largest garbage hauler, on Monday withdrew its $6.73-billion bid to acquire smaller rival Republic Services Inc., saying the move wouldn't be prudent given current financial market turmoil. The announcement ends a three-month takeover struggle that began in July when Houston-based Waste Management first offered to buy rival Republic Services, the nation's No. 3 trash hauler, and continued when Waste Management sweetened its takeover bid in August.
CALIFORNIA | LOCAL
May 30, 1999
Trash happens. And whenever public officials need to find a place to put it, controversy happens too. There's a role for everyone in making these two facts of life easier to live with. Consumers and businesses can do their part by recycling paper, metal, cardboard and glass; by composting yard trimmings, and by shopping smarter to avoid purchases with more throwaway packaging than useful product.
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