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GFL - Waste Management And Advanced Disposal Services: A Marriage Revised
GFL Environmental Inc. Subordinate no par value
Last year, on April 15th, the management team at Waste Management (WM) announced that it was acquiring Advanced Disposal Services (ADSW) in an all-cash deal valuing the latter at $4.9 billion on an EV (enterprise value) basis. Due to regulatory concerns that the two businesses have had to flesh out with the US Department of Justice, the deal has yet to finalize. After more than a year without approval, news broke that a revised deal, aimed at reducing the assets Waste Management will end up with and lowering the price of