• Waste Connections has purchased R360 Environmental Solutions for $1.3 billion, providing access to several active natural-resource-producing areas, including Permian, Bakken and Eagle Ford oil basins in Southwest Louisiana.
• R360 Environmental Solutions provides recovery and disposal services in the U.S. and operates 26 facilities with an annual revenue of about $300 million.
• The deal is expected to add more than 400 basis points to Waste Connections’ consolidated earnings and has already boosted their stocks 8% on Monday to $31.90, the highest percentage gain on the exchange that day. 

From the article:

Waste Connections Inc will buy privately held R360 Environmental Solutions Inc for about $1.3 billion to expand its oilfield waste management services, sending its shares up 9.5 percent.

Municipal Solid Waste (MSW) volumes have been under pressure in a weak U.S. economy, forcing waste management companies to look at alternative sources to boost revenue. ...