Wednesday, July 16, 2008
Waste Management offer to buy rival.
Waste Management Inc , the industry leader offered to buy rival and No.3 in the business, Republic Services Inc for more than $6 billion. These latest offer follows Republic own deal to buy the No.2 in the industry, Allied Waste Industries.
According to some experts, these flurry of activities are a proof of a strong garbage industry despite the U.S. economy slow-down .
Only in the garbage business , can the No.3 buy the No.2, only to be on the verge of being bought by the No.1.
By the way, as the garbage business seems recession-proof, is it too late to jump on the garbage truck bandwagon ?
According to some experts, these flurry of activities are a proof of a strong garbage industry despite the U.S. economy slow-down .
Only in the garbage business , can the No.3 buy the No.2, only to be on the verge of being bought by the No.1.
By the way, as the garbage business seems recession-proof, is it too late to jump on the garbage truck bandwagon ?
Labels: Allied Waste Industries, Waste Management
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