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Monday, September 17, 2012

Waste Connections to purchase R360 Environmental Solutions for $1.3 bln, (NYSE: WCN)

Waste Connections Inc said it would acquire R360 Environmental Solutions Inc, a provider of non-hazardous oilfield waste treatment for about $1.3 billion in cash. Waste Connections, that provides solid waste collection, transfer, disposal and recycling services, expects the deal to be accretive to free cash flow margins.

Waste Connections, Inc. (WCI) is an integrated solid waste services company that provides solid waste collection, transfer, disposal and recycling services in the United States. Shares of WCN remained unchanged at $29.67. In the past year, the shares have traded as low as $28.70 and as high as $35.95. On average, 633034 shares of WCN exchange hands on a given day and today's volume is recorded at 0.



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