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Republic Services CEO: Not Looking At Waste Management Merger, But Other Deals

Republic Services CEO Donald Slager continues to scoop up attractive assets in the waste management industry.

It was back in 2008 when behemoth Waste Management (WM) - Get Waste Management, Inc. Report made a failed play for rival Republic Services (RSG) - Get Republic Services, Inc. Report . Since then, Republic Services has scooped up Allied Waste for $6.24 billion and numerous smaller operators to solidify itself as a strong number two in the waste management industry. Republic Services and its larger rival now control about 45% of the market. 

Republic Services president and CEO Donald Slager tells TheStreet he isn't thinking about a merger with Waste Management. Instead, he thinks the more attractive play is to buy up independent waste management companies and grow from there. Republic Services will spend roughly $100 million alone this year on tuck-in acquisitions. 

As Slager told TheStreet, the business of garbage is good. 

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