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SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): August 26, 2008
Waste Management, Inc.
(Exact Name of Registrant as Specified in Charter)
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Delaware
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1-12154
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73-1309529 |
(State or Other Jurisdiction of Incorporation)
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(Commission File Number)
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(IRS Employer Identification No.) |
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1001 Fannin, Suite 4000 Houston, Texas
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77002 |
(Address of Principal Executive Offices)
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(Zip Code) |
Registrants Telephone number, including area code: (713) 512-6200
(Former Name or Former Address, if Changed Since Last Report)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the
filing obligation of the registrant under any of the following provisions:
o Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
o Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
o Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR
240.14d-2(b))
o Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR
240.13e-4(c))
Item 7.01. Regulation FD Disclosure.
On August 26, 2008, Waste Management, Inc. (the Company) issued a press release, which is
furnished as Exhibit 99.1 hereto and incorporated herein by reference.
Item 9.01 Financial Statements and Exhibits.
(d) Exhibits
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Exhibit |
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Description |
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99.1
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Press Release, dated August 26, 2008. |
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has caused
this report to be signed on its behalf by the undersigned, hereunto duly authorized.
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WASTE MANAGEMENT, INC.
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Date: August 26, 2008 |
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/s/David LaPaul
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David LaPaul |
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Assistant Treasurer |
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Exhibit Index
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Exhibit Number |
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Description |
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99.1
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Press Release, dated August 26, 2008. |
exv99w1
Exhibit 99.1
For Further Information:
Waste Management, Inc.
Analysts: Greg Nikkel 713.265.1358
Media: Lynn Brown 713.394.5093
Web site: http://www.wm.com
Joele Frank, Wilkinson Brimmer Katcher
Dan Katcher/ Ed Trissel 212.355.4449
WMI #08-18
WASTE MANAGEMENT PROVIDES UPDATE
ON STATUS OF HART-SCOTT-RODINO FILING
HOUSTON August 26, 2008 Waste Management, Inc. (NYSE: WMI) announced that it has received a
second request for information from the Antitrust Division of the Department of Justice (DOJ) in
connection with the Companys July 24, 2008 filing under the Hart-Scott-Rodino (HSR) Antitrust
Improvements Act of 1976 to purchase shares of Republic Services, Inc. (NYSE: RSG). The Company
noted that since its HSR filing, it has been in regular communication with the DOJ, and has
voluntarily supplied the DOJ with substantial market information in advance of a second request.
The Company intends to respond promptly to the second request and will continue to cooperate with
the DOJ as it conducts its review.
On August 11, 2008, Waste Management announced that it had made a revised proposal to the Board of
Directors of Republic to acquire all of Republics outstanding common stock for $37.00 per share in
cash.
About Waste Management
Waste Management, Inc., based in Houston, Texas, is the leading provider of comprehensive waste
management services in North America. Through its subsidiaries, the Company provides collection,
transfer, recycling and resource recovery, and disposal services. It is also a leading developer,
operator and owner of waste-to-energy and landfill gas-to-energy facilities in the United States.
The Companys customers include residential, commercial, industrial, and municipal customers
throughout North America.
Forward-Looking Statements
This press release contains forward-looking statements regarding, among other things, the proposed
acquisition of Republic by Waste Management. Statements made in the future tense, and statements
using words such as intends, estimates, expects, projects, plans, anticipates, and
believes, and similar expressions are intended to identify forward-looking statements.
Forward-looking statements are not a guarantee of performance and are subject to a number of risks
and uncertainties, many of which are difficult to predict and are beyond the control of Waste
Management. These risks and uncertainties could cause actual results to differ materially from
those expressed in or implied by the forward-looking statements, and therefore should be carefully
considered. Relevant risks and uncertainties relating to the proposed transaction include, but are
not limited to: the risk that required regulatory review and approval may not be obtained in a
timely manner, if at all; Republics directors and stockholders may not approve
the proposed
transaction; the anticipated benefits and synergies of the proposed
transaction may not be realized; the integration of Republics operations with Waste Management
could be materially delayed or may be more costly or difficult than expected; financing may not be
available or may not be available on satisfactory terms; the reaction of the credit markets
(including rating agencies) to the proposed transaction and expected refinancings may not be as
anticipated; the proposed transaction may not be consummated; and legal proceedings may be
commenced against Waste Management. For a description of relevant risks and uncertainties generally
applicable to Waste Management, please see Waste Managements filings with the Securities and
Exchange Commission, which are available on Waste Managements website or at www.sec.gov. In
providing forward-looking statements, Waste Management does not intend, and is not undertaking any
duty or obligation, to update these statements as a result of new information, future events or
otherwise.
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