Casella Waste Systems, Inc. completed the acquisition of solid waste assets in Albany, NY and Cheshire, MA of Republic Services, Inc. for approximately $46.6 million.
Casella Waste Systems, Inc. (NasdaqGS:CWST) completed the acquisition of solid waste assets in Albany, NY and Cheshire, MA of Republic Services, Inc. (NYSE:RSG) for approximately $46.6 million on September 3, 2019. Consideration included $41.8 million in cash consideration and $4.8 million in non-cash consideration. Purchase price was paid for such assets with a combination of available cash on hand and borrowings under the existing revolving credit facility with Bank of America, N.A., as administrative agent, and the other lenders party thereto.