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Slide #20. Casella Waste Systems, Inc. — Blow Bros. (d/b/a Bestway Disposal Services and BBI Waste Industries)
Casella Waste Systems, Inc. (NASDAQ:CWST)
Blow Bros. (d/b/a Bestway Disposal Services and BBI Waste Industries)
Casella Waste Systems, Inc., a regional vertically integrated solid waste, recycling and resource management services company, announced today that it has acquired all of the outstanding capital stock of Blow Bros. (d/b/a Bestway Disposal Services and BBI Waste Industries) ("BBI"), for a total consideration of up to $20.0 million in cash plus 625,000 shares of the Company's Class A Common Stock. The acquisition closed today, December 6, 2012.
Casella Waste Systems is a solid waste services company. Co. provides resource management and services to residential, commercial, municipal and industrial customers, primarily in the areas of solid waste collection and disposal, transfer, recycling and organics services. Co. provides integrated solid waste services in six states: Vermont, New Hampshire, New York, Massachusetts, Maine and Pennsylvania. Co. manages its solid waste operations on a geographic basis through two regional operating segments, the Eastern and Western regions, each of which provides a range of solid waste services, and its recycling and commodity brokerage operations through its Recycling segment.
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Buy (3.00 out of 4)
(ranked lower than approx. 60% of all stocks covered)
Based on Zacks ABR data;
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