Waste Connections buys landfill for $59M

Waste Connections buys landfill for $59M
Sacramento Business Journal - by Celia Lamb
Thursday, April 23, 2009

Republic Services adds solar technology to Texas landfill
Waste Connections Inc. has completed its purchase of the Portrero Hills Landfill in Suisun City for $58.9 million, according to a statement filed with the U.S. Securities and Exchange Commission today.

The company (NYSE: WCN) announced plans to buy the landfill from Republic Services Inc. (NYSE: RSG) in March, but did not disclose the purchase price at that time. Suisun City is in Solano County near Fairfield.

In a separate deal, Waste Connections completed the purchase of $313 million of assets from Republic on April 2. Republic has been divesting its assets to satisfy anti-trust regulations since its merger with Allied Waste Industries Inc. in December.