Liz Bothwell, Head of Content & Marketing

October 26, 2020

1 Min Read
WM & Advanced Disposal Required to Divest Assets by DOJ

As expected, the U.S. Department of Justice (DOJ) announced that it is requiring Waste Management to divest assets in order to proceed with its $4.6B acquisition of Advanced Disposal Services (ADSW) that was announced in April.

The Antitrust Division of the U.S. Department of Justice (DOJ) filed a civil suit, along with a proposed settlement, that paves the way for Waste Management (WM) to finally close the deal.

The proposed settlement requires the divestiture of 15 landfills, 37 transfer stations, 29 hauling facilities, over 200 waste collection routes and other assets across 10 states. GFL Environmental is the planned buyer of a package previously valued at $863.5M.

The department said that without the divestiture, the proposed acquisition would substantially lessen competition for small commercial waste collection or municipal solid waste disposal services in more than 50 local markets.

See the original announcement from the DOJ here.

About the Author(s)

Liz Bothwell

Head of Content & Marketing, Waste360

Liz Bothwell is head of content and marketing for Waste360, proud host of the NothingWasted! Podcast, and ghostwrites for others to keep her skills sharp and creative juices flowing. She loves family, football, her French bulldogs, and telling stories that can help to make the world a more sustainable place.

Follow her on Linkedin or Twitter

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