Date: September 22, 2006
Source: Waste Management, Inc.
Waste Management, Inc. (WMI) recently registered with the Securities and Exchange Commission to sell from time to time an undisclosed amount of debt securities, common stock, preferred stock, warrants, guarantees and units. The filing also signals some selling by stockholders from time to time an undisclosed amount of securities. The Company has said it intends to use the net proceeds for general corporate purposes, which may include repayment of debt and working-capital requirements. It would not receive any proceeds from the sale of securities by selling holders. No underwriters were listed in the filing.
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