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WM - Waste Management Scores $300 Million Discount on Acquisition of Advanced Disposal Services
Waste Management Inc.
Shares of Advanced Disposal Services(NYSE: ADSW) fell sharply on Wednesday after Waste Management(NYSE: WM) announced it would be buying its shares at $30.30 per share in cash instead of the initial agreement of $33.15 per share in cash from April 2019.
Here's why this is good news for shareholders of Waste Management.