Dive Brief:

• Waste Management has acquired Parker Sanitation, a residential and commercial waste services company based in Panama City, Florida.

• The purchase was made through Parker Sanitation's parent company, Advanced Disposal.

• Terms of the sale are still under wraps.

Dive Insight:

Officials were not told about the purchase. According to The News Herald, the Mayor said that "our city wasn't notified and per their contract we were supposed to be notified when sales occur." Permission to conduct business is contingent upon a franchise agreement with the city.