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Fly News Breaks for July 31, 2019
ADSW
Jul 31, 2019 | 08:28 EDT
Stifel analyst Michael Hoffman downgraded Advanced Disposal Services (ADSW) to Hold from Buy and lowered his price target to the deal price of $33.15 as he believes the likelihood of a third party bid is "virtually eliminated" after shareholders voted to approve the deal. As previously reported, Advanced Disposal has agreed to be acquired by Waste Management (WM).
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