As part of the ongoing review of the transaction by the U.S. Department of Justice, Waste Management and Advanced Disposal, GFL has entered into an agreement to acquire certain assets. This divestment transaction is expected to be completed by the end of the third quarter of 2020 and will remain subject to customary closing conditions, including the authorization of the authorities and the completion of Waste Management`s acquisition of Advanced Disposal. The agreement with GFL Environmental focuses on all divestitures expected by the U.S. Department of Justice, but the U.S. Department of Justice has not yet approved the transaction and is continuing its review in coordination with Waste Management, Advanced Disposal and GFL Environmental. Waste Management, based in Houston, Texas, is the leading provider of comprehensive environmental services for waste management in North America. Through its subsidiaries, Waste Management provides collection, transfer, disposal, recycling and resource recovery services. He is also a leading developer, operator and owner of energy discharge gas facilities in the United States. Waste Management`s clients are private, commercial, industrial and municipal clients throughout North America. For more information on waste management, see www.wm.com or www.thinkgreen.com.
This press release contains “forward-looking statements” within the meaning of federal waste management, Advanced Disposal and proposed acquisitions and divestitures, including, but not limited to, all statements relating to the date and authorizations of the planned acquisition and disposal; The ability of the parties involved to complete and finance the acquisition and divestiture; How to finance the acquisition The amount or identity of the necessary assignments; Integration of the acquisition Future operations or benefits Future allocation of capital Future commercial and financial performance of waste management and Advanced Disposal; In the future, the leverage ratio; In the future, the withdrawal of priority obligations; and all results of the proposed transaction, including synergies, cost savings and impact on income, cash flow growth, return on investment, shareholder returns, balance sheet strength and credit ratings made pursuant to the provisions of the 1995 Private Securities Protection Act. Words such as “expect,” “probable,” “perspective,” “forecast,” “provisional,” “would,” “could,” “should,” “may,” “want,” “project,” “project,” “project,” “project,” “target,” “objective,” “continue” “stop,” “stop,” “form synergy,” “believe,” “seek,” “estimate,” “anticipate,” “possible,” “accept,” and variations in such words and expressions must identify such forward-looking statements.