Bill Gates Keeps Adding To Republic Services Stake (RSG)
Bill Gates is at it again. He’s bought more shares of Republic Services Inc. (NYSE: RSG). In an SEC filing after the close today,Mr. Gates disclosed he spent more than $11.6 million to buy another 460,100 shares.
His new indirect position via Cascade is 37,633,936. If you lookthrough his last holdings at the end of the last quarter (9/30), that is up from 34,873,836.
The transaction date was listed as January 8 at an average priceof $25.39. It seems that retired billionaires must want to be garbagemen. Or maybe they just want to own the garbage companies.
Jon C. Ogg
January 12, 2009