Ideal Fit with Progressive Waste Progressive Waste ( BIN ) is listed on the NYSE with a market cap of $2.3 billion and sales of $1.9 billion.
GLV would seem to be a very good fit for BIN and would add another $630 million to annual sales.
Even at $5 per share, the cost to acquire GLV would only be $200 million or just 0.30 per 1$ of sales which is less than 1/3 of BIN's trading valuation.