Fly News Breaks for May 25, 2016
BIN, WCN
May 25, 2016 | 13:46 EDT
Stifel said shares of Waste Connections (WCN) are down ahead of tomorrow shareholder vote by Waste Connections shareholders and the vote by Progressive Waste (BIN) shareholders. The firm's analyst sees virtually no risk to the vote and notes a simple majority is all that is needed by both parties. Stifel believes the selling is some S&P mid-cap index sellers divesting in advance of the vote.
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