Waste360 is part of the Informa Markets Division of Informa PLC

This site is operated by a business or businesses owned by Informa PLC and all copyright resides with them. Informa PLC's registered office is 5 Howick Place, London SW1P 1WG. Registered in England and Wales. Number 8860726.

Shareholders approve Allied-Republic Merger

Shareholders for both Phoenix-based Allied Waste and Republic Services, Fort Lauderdale, Fla., have voted to approve the pending merger, which is scheduled to be completed in the fourth quarter pending final approval from the U.S. Department of Justice.

According to a report by the Associated Press, 95 percent of shareholders vote in favor of the merger. The deal, originally valued at $6.07 billion when it was announced in June, is now valued at $5 billion because of a steep decline in share values.