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Casella Waste Buys BBI for $20M in Cash Plus 625K Shares

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Casella Waste Systems Has Made A Fundamental Change To Its Business, Leading To Stifel Upgrade
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Casella Waste Systems, Inc. (NASDAQ: CWST), a regional vertically integrated solid waste, recycling and resource management services company, announced today that it has acquired all of the outstanding capital stock of Blow Bros. (d/b/a Bestway Disposal Services and BBI Waste Industries) ("BBI"), for a total consideration of up to $20.0 million in cash plus 625,000 shares of the Company's Class A Common Stock. The acquisition closed today, December 6, 2012.

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