TORONTO, Dec. 17, 2019 /CNW/ -- Waste Connections,
Inc. (TSX/NYSE: WCN) ("Waste Connections" or the "Company") today
announced that it has closed acquisitions during the fourth quarter
with approximately $130 million in
annualized revenues. The completed acquisitions include a new
market entry solid waste collection and recycling acquisition in
South Central Pennsylvania and
tuck-in acquisitions to existing operations in Alaska, Illinois, New
York and Tennessee.
"The pace of acquisition activity remains robust, and we are on
track to meet or exceed our expectations for such activity that we
provided on our third quarter call in October," said Worthing F. Jackman, President and Chief
Executive Officer. "We are excited to welcome the new
employees, customers and the communities served to the Waste
Connections family."
Waste Connections also announced that executives of the Company
currently plan on presenting at the following upcoming events in
January 2020:
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January
16th
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AltaCorp Annual
Institutional Investor Conference (Toronto, Canada)
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January
29th/30th
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CIBC 2020 Western
Institutional Investor Conference (Banff, Canada)
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The Company will post any presentation slides on its website at
www.wasteconnections.com under the tabs titled Investor
Presentations and Investor Relations. The slides will be
posted during the 24-hour period prior to the scheduled
presentation time.
About Waste Connections
Waste Connections is an integrated solid waste services company
that provides non-hazardous waste collection, transfer, disposal
and recycling services in mostly exclusive and secondary markets in
the United States and
Canada. Through its R360 Environmental Solutions subsidiary,
Waste Connections is also a leading provider of non-hazardous
oilfield waste treatment, recovery and disposal services in several
of the most active natural resource producing areas in the United States, including the Permian,
Bakken and Eagle Ford Basins. Waste Connections serves more
than seven million residential, commercial, industrial, and
exploration and production customers in 42 states in the U.S., and
six provinces in Canada. The Company also provides intermodal
services for the rail haul movement of cargo and solid waste
containers in the Pacific Northwest.
For more information, visit the Waste Connections web site at
www.wasteconnections.com. Copies of financial literature, including
this release, are available on the Waste Connections website or
through contacting us directly at (905) 532-7510. Investors
can also obtain these materials and other documents filed with the
U.S. Securities and Exchange Commission ("SEC") and the Canadian
securities regulators free of charge at the SEC's website,
www.sec.gov, and at the System for Electronic Document Analysis and
Retrieval maintained by the Canadian Securities Administrators at
www.sedar.com.
Safe Harbor and Forward-Looking Information
This press release contains forward-looking statements within
the meaning of the safe harbor provisions of the U.S. Private
Securities Litigation Reform Act of 1995 ("PSLRA"), including
"forward-looking information" within the meaning of applicable
Canadian securities laws. These forward-looking statements are
neither historical facts nor assurances of future performance
and reflect Waste Connections' current beliefs and
expectations regarding future events and operating
performance. These forward-looking statements are often
identified by the words "may," "might," "believes," "thinks,"
"expects," "estimate," "continue," "intends" or other words of
similar meaning. All of the forward-looking statements included in
this press release are made pursuant to the safe harbor provisions
of the PSLRA and applicable securities laws in Canada. Forward-looking statements involve
risks and uncertainties. Forward-looking statements in this press
release include, but are not limited to, statements about potential
acquisition activity. Important factors that could cause actual
results to differ, possibly materially, from those indicated by the
forward-looking statements include, but are not limited to, risk
factors detailed from time to time in the Company's filings with
the SEC and the securities commissions or similar regulatory
authorities in Canada. You should not place undue reliance on
forward-looking statements, which speak only as of the date of this
press release. Waste Connections undertakes no obligation to
update the forward-looking statements set forth in this press
release, whether as a result of new information, future events, or
otherwise, unless required by applicable securities laws.
CONTACT:
Mary Anne Whitney / (832)
442-2253
maryannew@wasteconnections.com
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SOURCE Waste Connections, Inc.