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Waste Management, Inc.
WM has been notified of an unsolicited
"mini-tender offer” by TRC Capital Corporation to purchase up to 3 million
shares, or approximately 0.65 percent, of outstanding Waste Management common
stock at $33.00 per share. TRC Capital's offer price is 4.62 percent below
Waste Management's closing share price on Aug. 20, 2012, the day prior to the
offer. The offer by TRC Capital is also subject to numerous conditions. Waste
Management is not associated with TRC Capital, this mini-tender offer or the
offer documentation. Waste Management does not endorse the offer and
recommends against stockholders tendering their shares in response to this
offer.
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