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Waste Connections buying Progressive Waste in all-stock deal

THE WOODLANDS, Texas— Waste Connections is buying Progressive Waste Solutions Ltd. in an all-stock deal that creates a waste management company worth more than $8 billion. Shareholders of The Woodlands, Texas- based Waste Connections Inc. will own about 70 percent of the combined business, with Progressive Waste stockholders owning approximately 30...
Source: The Associated Press