Allan Gerlat, News Editor

October 8, 2012

1 Min Read
Casella Waste Nets $42.4 Million from Stock Sale

Casella Waste Systems Inc. has received $42.4 million from its recent sale of 11.5 million shares of common stock.

The Rutland, Vt.-based Casella sold the shares at $4 per share, according to a filing with the U.S. Securities and Exchange Commission. The sale comprised an initial offering of 10 million shares and an additional 1.5 million sold from the exercise of the underwriters’ over-allotment option.

The offering began Sept. 28 and ended Oct. 3.


About the Author(s)

Allan Gerlat

News Editor, Waste360

Allan Gerlat joined the Waste360 staff in September 2011 as news editor. He was the editor of Waste & Recycling News for the first 16 years of its history, and under his guidance the publication won 27 national and regional awards.

Before Waste & Recycling News, Allan worked at another Crain Communications publication, Rubber & Plastics News, which covers rubber product manufacturing. He began with the publication as associate editor and eventually became managing editor, a position he held for nine years.

Allan is a graduate of Ohio University, where he earned a BS in journalism. He is based in Sagamore Hills, in northeast Ohio.

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