Waste Management amends multibillion-dollar acquisition price, finds buyer for assets

Houston-based Waste Management Inc. (NYSE: WM) amended the terms of its multibillion-dollar acquisition of Ponte Verda, Florida-based Advanced Disposal Services Inc. (NYSE: ADSW), the company announced June 24.

Waste Management, the largest comprehensive waste management firm in North America, will acquire all outstanding Advanced Disposal Systems shares for $30.30 per share in cash and $1.8 billion in net debt — representing a total enterprise value of $4.6 billion. The combination is expected…