Monday, June 23, 2008

Allied Waste Sold to Republic Services

Republic Services agreed to acquire Allied Waste Industries in a $6.24 billion deal that would combine the nation’s second- and third-largest trash haulers, creating a formidable rival to market leader Waste Management. [WSJ].

St. Louis County selected Allied Waste Industries as their designated hauler for trash districts 5 and 6. Even before the program gets started, one company withdrew their proposal while another was sold. In addition, three other trash haulers filed a law suit against the county stating the county voilated their own charter along with a state regulation.

Complaints on services of IESI, another county selected hauler, are listed at:

Questions now are if Republic Services will be in a position to honor the rates bid by Allied Waste or withdraw.

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