2024-06-05 14:50:05 ET
Waste Management, Inc. (WM)
The Stifel 2024 Cross Sector Insight Conference
June 05, 2024, 08:35 AM ET
Company Participants
Ed Egl - Vice President of Finance and Investor Relations
James Fish - Chief Executive Officer
Devina Rankin - Chief Financial Officer
Rafa Carrasco - SVP of Strategy
Conference Call Participants
Michael Hoffman - Group Head of Diversified Industrial Research
Presentation
Michael Hoffman
So this is Michael Hoffman, I'm Group Head of Diversified Industrial Research. I cover the environmental services space. It's my pleasure to have Waste Management on stage with us. And from my right -- or my right all across the stage, we have Jim Fish, who is the Chief Executive Officer; Devina Rankin, who is the Chief Financial Officer; and Rafa Carrasco, who is the SVP of Strategy; in the back of the room is Ed Egl, who is Vice President of Finance and Investor Relations. So all the tough questions go to him. These are all the layup questions up here.
Question-and-Answer Session
Q - Michael Hoffman
So I have a couple of housekeeping questions I'd like to get out of the way just so we check these boxes around this. Did everybody actually see the news on Monday? They did a little deal. HSR filing, has it been done?
Devina Rankin
10 days.
Michael Hoffman
In 10 days.
Devina Rankin
The process from sign to when we'll do the filing is about a 10-day period.
Michael Hoffman
Okay. So when that hits, say it's at the end of the 10 days. When people look out on a calendar, typically, either if Justice is swamped, they'll come back and say, pull it, refile it because they don't want to trigger weird things. When is that date, of either they pull it or they ask for a second request? How far out are we looking at? What's that date look like?
Devina Rankin
So we're not specifically looking at that because things are uncertain in that regard. But what we're thinking about is that if there's no second request, that you could see close somewhere in the ballpark of four to five months. If there's a second request, it will take longer....
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Waste Management, Inc. (WM) The Stifel 2024 Cross Sector Insight Conference (Transcript)