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BUSINESS
July 2, 1996 | From Associated Press
H. Wayne Huizenga picked two businesses of the future--security and used cars--after selling off his brainchild Blockbuster Video, and on Monday he put together a $5-billion deal to buy a company busy in both areas. Republic Industries Inc., Huizenga's takeover vehicle, would become an instant market leader by buying Bermuda-based ADT Ltd., a burglar alarm and auto sales company with $1.53 billion a year in revenue. "We've got a big appetite," said Republic spokesman Ron Castell.
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BUSINESS
May 23, 1995 | Times Staff and Wire Reports
Republic Waste Gets Injection of Capital: Former Blockbuster Entertainment chief H. Wayne Huizenga and other investors will inject up to $126 million in the Atlanta waste-removal and recycling company, the firm said. The amount includes $91.5 million from an investor group led by Huizenga, an additional $21.9 million from Republic Chief Executive Michael DeGroote and about $13 million from Harris Hudson, Huizenga's brother-in-law. The news sent Republic Waste Industries Inc.'s stock soaring $3.
BUSINESS
May 23, 1995 | Times Staff and Wire Reports
Republic Waste Gets Injection of Capital: Former Blockbuster Entertainment chief H. Wayne Huizenga and other investors will inject up to $126 million in the Atlanta waste-removal and recycling company, the firm said. The amount includes $91.5 million from an investor group led by Huizenga, an additional $21.9 million from Republic Chief Executive Michael DeGroote and about $13 million from Harris Hudson, Huizenga's brother-in-law. The news sent Republic Waste Industries Inc.'s stock soaring $3.
BUSINESS
July 2, 1996 | From Associated Press
H. Wayne Huizenga picked two businesses of the future--security and used cars--after selling off his brainchild Blockbuster Video, and on Monday he put together a $5-billion deal to buy a company busy in both areas. Republic Industries Inc., Huizenga's takeover vehicle, would become an instant market leader by buying Bermuda-based ADT Ltd., a burglar alarm and auto sales company with $1.53 billion a year in revenue. "We've got a big appetite," said Republic spokesman Ron Castell.
BUSINESS
August 25, 1992 | JAMES F. PELTZ, TIMES STAFF WRITER
For GI Industries Inc., the largest hauler of residential trash in eastern Ventura County, last week should have been a time of celebration. After all, GI won a potentially lucrative legal fight stemming from its failed merger with Republic Waste Industries Inc. two years ago. But the victory came too late. GI, straining under the weight of more than $14 million of debt, was also forced last week to file under Chapter 11 of the federal bankruptcy laws.
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