Waste Connections, Progressive Waste one step closer to completing pending merge

By Kristin Musulin, Waste Dive.

UPDATE: Waste Connections and Progressive Waste announced on Friday that they have terminated the applicable waiting period under the Hart-Scott-Rodino Antitrust Improvement Act of 1976 (HSR Act) for the all-stock transaction that will merge the two companies. 

By terminating this waiting period, the companies are one step closer to closing the transaction. Closure is expected to happen in the second quarter of 2016, following other customary closing conditions.