Allied Sells More Assets

Rebekah A. Hall

Scottsdale, Ariz. – Allied Waste Industries Inc. has sold several additional assets in an effort to further divest to repay debt. The recent divestitures have raised approximately $176 million. The company has sold portions of its Florida operations, and Virginia, Idaho and Wyoming assets. Earlier this week, Allied’s shares increased by 31 cents on the New York Stock Exchange.