BUZZ-Progressive Waste Solutions Ltd: Reviews strategic alternatives

Tue Jan 5, 2016 10:19am EST
 
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** Canadian company's U.S.-listed shares up 6.7 pct at $24.76

** Toronto shares up 6. 2 pct at C$34.40

** Says begins review of strategic alternatives

** Retains J.P. Morgan Securities LLC as financial adviser

** Says a committee of directors has been set up to oversee the review

** Company's U.S. shares rose nearly 5 pct in 2015