Bill Gates buys 4.3 million shares of Republic Services

By Lisa Kerner

Charlotte, N.C., March 3 - Republic Services, Inc. investor Cascade Investment, LLC purchased 4,331,700 shares of the company's common stock between Feb. 20 and March 2 for total of $92.79 million.

The weighted average price per share for the purchases ranged from $19.3699 to $24.08, according to a schedule 13D/A filing with the Securities and Exchange Commission.

Cascade purchased 4,247,900 shares of the Fort Lauderdale, Fla., company's common stock between Feb. 6 and Feb. 19 for a total of $102 million, a prior SEC filing said.

Through Cascade Investment and the Bill & Melinda Gates Foundation Trust, Bill and Melinda Gates own 56,324,169 shares, or 14.9%, of Republic Services.

The company provides environmental services, including solid waste collection, transfer and disposal services.

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