Advanced Disposal Announces Upsize and Pricing of Secondary Public Offering of Common Stock
Ponte Vedra, Fla.
Advanced Disposal Services, Inc. (the "Company") announced today the pricing of its upsized secondary public offering of 15,500,000 shares of its common stock by certain of its stockholders (the "Selling Stockholders") at a price to the public of $21.50 per share. In addition, the Selling Stockholders have granted the underwriters a 30-day option to purchase up to an additional 2,325,000 shares of common stock. The offering is expected to close on May 23, 2017, subject to customary closing conditions. The Company is not selling any stock in this transaction and will not receive any proceeds from the sale of the shares by the Selling Stockholders.