2008 June 14 | money news blog

Archive for June 14th, 2008

14 06 2008

Republic Services and Allied Waste: A $6.5 billion trash deal?

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Waste Management Inc. (NYSE: WMI) is the biggie in the trash business. But, things may get tougher.

According to a report in the Wall Street Journal [a paid publication], Allied Waste Industries Inc. (NYSE: AW) and Republic Services Inc. (NYSE: RSG) are contemplating a $6.5 billion merger (a stock-for-stock swap). The companies are the second and third largest trash haulers in the U.S., respectively.

Yes, it’s not a sexy industry, but it’s fairly recession-resistant. There are some pressures, though, such as higher energy prices. But, the industry has been increasing prices to accommodate for this.

And, of course, if Allied and Republic combine operations, that should mean even more pricing power. Actually, the total revenues would be about $9.3 billion or so.

Besides, Allied could use some help. The company’s revenues have languished and the debt load is a hefty $6.7 billion.

In Friday’s trading, Allied shares were up 7.7% go $15, as investors speculated on a possible deal.

Tom Taulli is the author of various books, including The Complete M&A Handbook and The Edgar Online Guide to Decoding Financial Statements. He also operates MergerBook.com.

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14 06 2008

Business Resources, Advice and Forms for Massive and Small Businesses

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Business Resources, Advice and Forms for Huge and Small Businesses
AllBusiness.com provides information, products, and services for entrepreneurs, small businesses, and professionals to start, manage, finance and build a business.

Business Cards - Design Glossy, Metallic, Express, Magnetic & Full
Use the All Business Cards intuitive on the web interface to design a variety of business cards: glossy, metallic, express, magnetic and full color.

Better Business Agency
Superior Business Bureaus can alert you to complaints against companies in your area.

Kelley School of Business: Indiana University Bloomington
Founded in 1920 as the Indiana University School of Commerce and Finance, the Kelley School has grown into one of the most respected business schools in the world with programs

Business - Utica, NY 13501 - The Observer-Dispatch
Business - Utica, NY 13501 - The Observer-Dispatch A young entrepreneur will reopen a familiar downtown restaurant before this year’s Boilermaker Road Race.

WWW.UTBTSC.EDU - BUSINESS AFFAIRS DIVISION
Lists statistics, articles, and job opportunities.

ksl.com - Business and Finance
The KSL.COM Website Wall Street finishes with sharp gains Wall Street ended a turbulent week with a sharp gain Friday after government readings on inflation and a drop in oil

business ethics
Magazine annually researches, names, reviews corporate citizenship. Also publishes annual socially responsible investing issue.

NJ Business Portal | Taking Care of Business | Home
NJ Business Portal Homepage Whether you’re a new business start-up, a growing company considering expanding in the state, a large corporation about to move or expand, or an

State of Illinois Business Portal
To make government resources more convenient and accessible, we have created a site that puts the information you need in one place. Welcome to the Say of Illinois Business

BusinessWeek - Business News, Stock Market & Financial Advice
Read the latest international business news & stock market news. Get updated company profiles, financial advice, global economy and technology news.

The Money Channel at Business.com: Finance News and Expert Advice
Discover business finance solutions for your company at the Business.com Money Channel. Read our Money Insider news blog for the latest buzz on financial products and services

Business First of Louisville: Local Business News
Louisville News, Bizjournals is your best source for up to date local Louisville business news and resources.

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14 06 2008