republic services

Republic Services to buy Allied Waste for $6.07B

Disposal company Republic Services said Monday it will buy Allied Waste Industries in a $6.07 billion stock deal that would join the second- and third-largest players in the disposal industry.

Republic Services will pay Allied Waste shareholders .45 worth of a Republic share for each share held, valued at $14.04 per share based on Republic's Friday closing stock price of $31.19.

Stock Symbol: AW ALLIED WASTE IND Stock Price: $9.90 Todays Change: 0.00 (0.00%)