WCA Waste Corporation's Stockholders Adopt Merger Agreement With Macquarie Infrastructure Partners II

WCA Waste Corporation WCAA ("WCA") today announced that at a special meeting of WCA's stockholders held on March 8, 2012, its stockholders approved the adoption of the Agreement and Plan of Merger dated as of December 21, 2011 (as amended from time to time, the "Merger Agreement"), by and among WCA, Cod Intermediate, LLC, a Delaware limited liability company, indirectly owned by Macquarie Infrastructure Partners II U.S., L.P., a Delaware limited partnership ("MIP II US") and Macquarie Infrastructure Partners II International, L.P., a Delaware limited partnership ("MIP II International" and, together with MIP II US, the "Investor Group"), and Cod Merger Company, Inc., a Delaware corporation and a wholly-owned subsidiary of Cod Intermediate, LLC, pursuant to which Cod Merger Company, Inc. will be merged with and into WCA, with the result that WCA will become an affiliate of the Investor Group. Pursuant to the Merger Agreement, WCA's common stockholders will receive $6.50 per share in cash, all Series A preferred stock will be redeemed and WCA's existing credit facilities will either be partially or completely refinanced.
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