Republic Services Responds to Second Unsolicited Proposal from Waste Management
FORT LAUDERDALE, Fla.--(BUSINESS WIRE)--Aug. 11, 2008--Republic Services, Inc. (NYSE: RSG) today issued the following statement in response to the revised proposal from Waste Management, Inc.
"Consistent with its fiduciary duties, the Board of Directors of Republic Services, along with its legal and financial advisors, will carefully review the revised proposal received from Waste Management. The Board will respond following its review."
About Republic Services, Inc.
Republic Services, Inc. is a leading provider of environmental services including solid waste collection, transfer and disposal services in the United States. The company's operating units are focused on providing solid waste services for commercial, industrial, municipal and residential customers.
CONTACT: Media: Republic Services, Inc. Will Flower, 954-769-6392 or The Abernathy MacGregor Group Chuck Burgess, 212-371-5999 or Investors: Republic Services, Inc. Tod Holmes, 954-769-2387 or Ed Lang, 954-769-3591 SOURCE: Republic Services, Inc.