Date: March 3, 2009
Source: News Room
Microsoft Corp. founder Bill Gates continues to increase his stake in Republic Services, Inc. According to recent filings with the Securities and Exchange Commission (SEC), he has raised his stake to 14.9 percent, up from 13.7 percent last month. He has made those purchases through his investment vehicle Cascade Investment LLC. Between Feb. 20 and March 2, Cascade bought 4,331,700 shares of common stock for a total of $92.8 million with its working capital, according to the filing.
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