Barclays Upgrades Progressive Waste Solutions (BIN) to Overweight
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Progressive Waste Solutions Announces Senior Management Changes
January 19, 2016 6:32 AM ESTTORONTO, ONTARIO -- (Marketwired) -- 01/19/16 -- Progressive Waste Solutions Ltd. (the "Company" or "Progressive Waste Solutions") (NYSE: BIN)(TSX: BIN) today announced that, effective immediately, Dan Pio, Executive Vice President, Strategy and Business Development, has been appointed Chief Integration Officer in connection with the Company's proposed combination with Waste Connections, Inc. ("Waste Connections") (NYSE: WCN), also announced today. Additionally, William (Bill) Herman, Vice President and Chief Accounting Officer, has been appointed Executive Vice President and Interim Chief Financial Officer; and Loreto Grimaldi, Senior Vice President, General Counsel and... More
Waste Connections And Progressive Waste Solutions Agree To Combine To Create Leading Solid Waste Services Company Focused On Differentiated Markets
January 19, 2016 6:30 AM ESTTHE WOODLANDS, Texas and TORONTO, Jan. 19, 2016 /PRNewswire/ -- Waste Connections, Inc. (NYSE: WCN) and Progressive Waste Solutions Ltd. (NYSE: BIN) (TSX: BIN) today announced that they have entered into a definitive agreement to merge in an all-stock transaction. Upon the completion of the transaction, Waste Connections stockholders will own approximately 70% of the combined company, and Progressive Waste shareholders will own approximately 30%. The transaction has been unanimously approved by both companies' Boards of Directors and is expected to... More
