Casella waste systems announces pricing of public offering of 2,350,000 shares of class a common stock

Rutland, vt., oct. 21, 2020 (globe newswire) -- casella waste systems, inc. (nasdaq:cwst), a regional solid waste, recycling and resource management services company, announced today the pricing of an underwritten public offering of 2,350,000 shares of its class a common stock at a public offering price of $56.00 per share, before offering discounts. the offering will result in aggregate gross proceeds of approximately $131.6 million to casella, before deducting underwriting discounts and offering expenses. casella also granted the underwriters of the offering an option for a period of 30 days to purchase up to an additional 352,500 shares of class a common stock. all of the shares in the offering are to be sold by casella. the offering is expected to close on or about october 23, 2020, subject to customary closing conditions.
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