Bill Gates Raises Stake in Republic Services to $1 Billion

Date: January 22, 2009

Source: News Room

Bill Gates investment vehicle Cascade Investments again increased its stake in Republic Services, disclosing last week its purchase of 500,000 more shares. Cascade paid about $12.7 million for the shares, or about $25.35 per share, according to a filing with the Securities and Exchange Commission. Cascade now owns 40.6 million shares of the company, a stake valued at $1.05 billion.

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