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REPUBLIC WASTE INDUSTRIES, INC. FILES REGISTRATION STATEMENT

 ATLANTA, Aug. 30 /PRNewswire/ -- Republic Waste Industries, Inc. (NASDAQ: RWIN; TSE: RWI) announced today that it filed a registration statement on Form S-3 with the Securities and Exchange Commission to cover the sale of company's shares held by the former shareholders of Stout Environmental, Inc.
 The registration statement is filed in order to satisfy the company's obligations under the merger agreement through which Republic acquired Stout Environmental in March of 1992.
 Pursuant to the terms of the company's agreement with the former shareholders of Stout, substantially all of the proceeds resulting from any sale of the shares covered by the registration statement are required to be pledged back to Republic to secure the indemnification obligations of the shareholders under the merger agreement.
 Republic Waste Industries is an emerging waste service company serving the needs of a broad range of solid and hazardous waste generators in the North American environmental services industry.
 -0- 8/30/93
 /CONTACT: Courtland D. Peddy of Republic Waste Industries, 404-431-7140/
 (RWIN)


CO: Republic Waste Industries, Inc. ST: Georgia IN: ENV SU:

RA-BN -- AT011 -- 7256 08/30/93 17:33 EDT
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Publication:PR Newswire
Date:Aug 30, 1993
Words:184
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