Is Bill Gates getting trashy? Well, sort of… In a way, he has been trashy for a long time.
Bill Gates’s investment arm has waded into a brewing takeover battle between Waste Management Inc (WMI.N) and Republic Services Inc (RSG.N), asking Waste Management to walk away.
Just over a month after he left Microsoft Corp (MSFT.O), Gates’s BGI is lobbying the largest U.S. trash hauler to drop the unsolicited $6.2 billion bid it made this month for Republic, the third largest.
While his investment vehicles have stakes in dozens of companies, they have kept low profiles over the years and Gates has not traditionally been known as an activist investor.
It’s weird watching Bill Gates flexing his monetary muscles outside of the Microsoft arena. While this situation is causing quite a stink, I wonder if all his investments will get the same amount of attention now that he doesn’t have to go into the office each day?
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