Waste Connections To Pay $1.3B For Oil Field Disposal Co.

Law360, New York (September 17, 2012, 2:18 PM EDT) -- Solid waste disposal company Waste Connections Inc. will fork over about $1.3 billion for fellow waste firm R360 Environmental Solutions Inc., it said Monday, giving it entry into booming oil and gas plays in need of infrastructure and services as activity ramps up.

Privately held R360 specializes in oil field waste treatment and disposal through its 26 outposts, many of which are located near the nation's most sought-after stores. With the buy, The Woodlands, Texas-based Waste Connections will add business in the oil-rich Permian, Bakken and...
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