1
AS FILED WITH THE SECURITIES AND EXCHANGE COMMISSION ON OCTOBER 2, 1995
REGISTRATION NO. 33-
- --------------------------------------------------------------------------------
- --------------------------------------------------------------------------------
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
---------------------
FORM S-3
REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933
---------------------
USA WASTE SERVICES, INC.
(Exact name of registrant as specified in its charter)
---------------------
DELAWARE 73-1309529
(State or other jurisdiction of (I.R.S. Employer
incorporation or organization) Identification No.)
GREGORY T. SANGALIS
5000 QUORUM DRIVE, SUITE 300 5000 QUORUM DRIVE, SUITE 300
DALLAS, TEXAS 75240 DALLAS, TEXAS 75240
(214) 383-7900 (214) 383-7900
(Address, including zip code, and telephone (Name, address, including zip code, and
number, including telephone number,
area code, of registrant's principal executive including area code, of agent for service)
offices)
---------------------
Copies to:
DAVID J. GRAHAM THOMAS J. MURPHY
ANDREWS & KURTH L.L.P. MCDERMOTT, WILL & EMERY
4200 TEXAS COMMERCE TOWER 227 WEST MONROE STREET
HOUSTON, TEXAS 77002 CHICAGO, ILLINOIS 60606-5096
(713) 220-4200 (312) 984-2069
---------------------
APPROXIMATE DATE OF COMMENCEMENT OF PROPOSED SALE TO THE PUBLIC: As soon as
practicable after the Registration Statement becomes effective.
If the only securities being registered on this Form are being offered
pursuant to dividend or interest reinvestment plans, please check the following
box. / /
If any of the securities being registered on this Form are to be offered on
a delayed or continuous basis pursuant to Rule 415 under the Securities Act of
1933, other than securities offered only in connection with dividend or interest
reinvestment plans, check the following box. / /
If this Form is filed to register additional securities for an offering
pursuant to Rule 462(b) under the Securities Act, please check the following box
and list the Securities Act registration statement number of the earlier
effective registration statement for the same offering. /X/ 33-62547
If this Form is a post-effective amendment filed pursuant to Rule 462(c)
under the Securities Act, check the following box and list the Securities Act
registration statement number of the earlier effective registration statement
for the same offering. / /
If delivery of the prospectus is expected to be made pursuant to Rule 434,
please check the following box. / /
---------------------
CALCULATION OF ADDITIONAL REGISTRATION FEE
- -------------------------------------------------------------------------------------------------
- -------------------------------------------------------------------------------------------------
PROPOSED
MAXIMUM PROPOSED MAXIMUM
AMOUNT OFFERING PRICE AGGREGATE OFFERING
TITLE OF EACH CLASS OF TO BE PER PRICE OF AMOUNT OF
SECURITIES TO BE REGISTERED REGISTERED SHARE(1) SHARES(1) REGISTRATION FEE
- -------------------------------------------------------------------------------------------------
Common Stock, $.01 par
value...................... 460,000 Shares $19.625 $9,027,500 $3,113
- -------------------------------------------------------------------------------------------------
- -------------------------------------------------------------------------------------------------
(1) Estimated solely for the purpose of calculating the registration fee
pursuant to Rule 457(c).
---------------------
THE REGISTRANT HEREBY AMENDS THIS REGISTRATION STATEMENT ON SUCH DATE OR
DATES AS MAY BE NECESSARY TO DELAY ITS EFFECTIVE DATE UNTIL THE REGISTRANT SHALL
FILE A FURTHER AMENDMENT WHICH SPECIFICALLY STATES THAT THIS REGISTRATION
STATEMENT SHALL THEREAFTER BECOME EFFECTIVE IN ACCORDANCE WITH SECTION 8(A) OF
THE SECURITIES ACT OF 1933 OR UNTIL THE REGISTRATION STATEMENT SHALL BECOME
EFFECTIVE ON SUCH DATE AS THE COMMISSION, ACTING PURSUANT TO SAID SECTION 8(A),
MAY DETERMINE.
- --------------------------------------------------------------------------------
- --------------------------------------------------------------------------------
2
EXPLANATORY NOTE
This Registration Statement is being filed pursuant to Rule 462(b) under
the Securities Act of 1933, as amended. The contents of the Registration
Statement on Form S-3 (Reg. No. 33-62547) filed by USA Waste Services, Inc. (the
"Company") with the Securities and Exchange Commission on September 11, 1995, as
amended by the Amendment No. 1 thereto filed on September 25, 1995, which was
declared effective October 2, 1995, are incorporated herein by reference.
3
SIGNATURES
Pursuant to the requirements of the Securities Act of 1933, the Registrant
certifies that it has reasonable grounds to believe that it meets all of the
requirements for filing on Form S-3 and has duly caused this Registration
Statement to be signed on its behalf by the undersigned, thereunto duly
authorized, in the City of Dallas, State of Texas, on October 2, 1995.
USA WASTE SERVICES, INC.
By /s/ EARL E. DeFRATES
----------------------------
Earl E. DeFrates
Executive Vice President
and Chief Financial Officer
Pursuant to the requirements of the Securities Act of 1933, this
Registration Statement has been signed by the following persons in the
capacities indicated below and on October 2, 1995.
SIGNATURES TITLE
- --------------------------------------------- ---------------------------------------------
* Chief Executive Officer and Chairman of the
- --------------------------------------------- Board of Directors
John E. Drury
* Vice Chairman of the Board of Directors and
- --------------------------------------------- Chief Development Officer
Donald F. Moorehead, Jr.
* Vice Chairman of the Board of Directors
- ---------------------------------------------
John G. Rangos, Sr.
* President, Chief Operating Officer and
- --------------------------------------------- Director
David Sutherland-Yoest
/s/ EARL E. DeFRATES Executive Vice President and Chief Financial
- --------------------------------------------- Officer
Earl E. DeFrates
* Executive Vice President and Director
- ---------------------------------------------
Alexander W. Rangos
* Vice President, Corporate Controller and
- --------------------------------------------- Chief Accounting Officer
Bruce E. Snyder
* Director
- ---------------------------------------------
George L. Ball
* Director
- ---------------------------------------------
Peter J. Gibbons
4
SIGNATURES TITLE
- --------------------------------------------- ---------------------------------------------
* Director
- ---------------------------------------------
Richard J. Heckmann
* Director
- ---------------------------------------------
William E. Moffett
*By: /s/ EARL E. DeFRATES
- ---------------------------------------------
Earl E. DeFrates
Attorney-in-Fact
5
INDEX TO EXHIBITS
SEQUENTIALLY
EXHIBIT NUMBERED
NUMBER DESCRIPTION PAGE
- --------- ------------------------------------------------------------------------ ------------
*1.1 Form of Underwriting Agreement.
5.1 Opinion of Andrews & Kurth L.L.P.
23.1 Consent of Andrews & Kurth L.L.P. (included in Exhibit 5.1).
23.2 Consent of Coopers & Lybrand L.L.P.
23.3 Consent of Deloitte & Touche LLP.
23.4 Consent of Arthur Andersen LLP.
*24.1 Powers of attorney.
- ---------------
*Incorporated by reference to the Company's Registration Statement on Form S-3,
as amended, Reg. No. 33-62547.
1
EXHIBIT 5.1
ANDREWS & KURTH L.L.P.
4200 Texas Commerce Tower
Houston, Texas 77002
October 2, 1995
USA Waste Services, Inc.
5000 Quorum Drive, Suite 300
Dallas, Texas 75240
Ladies and Gentlemen:
We have acted as counsel for USA Waste Services, Inc., a Delaware
corporation (the "Company"), in connection with the Company's Registration
Statement on Form S-3 (the "Registration Statement") relating to the
registration under the Securities Act of 1933, as amended, of the offering and
sale of an aggregate of 460,000 shares ("Shares") of common stock,
par value $.01 per share, of the Company ("Common Stock") to be offered by the
several underwriters represented by Donaldson, Lufkin & Jenrette Securities
Corporation, Deutsche Morgan Grenfell/C. J. Lawrence Inc. and Smith Barney Inc.
(collectively, the "Underwriters").
In so acting, we have examined a copy of the Registration Statement,
copies of the Company's certificate of incorporation and bylaws, and such other
instruments and documents as we have deemed necessary as a basis for the
opinions hereinafter expressed. In giving such opinions, we have assumed that
all signatures on all documents examined by us are genuine, that all documents
submitted to us as originals are authentic, that all documents submitted to us
as copies are true and correct copies of the originals thereof and that all
information submitted to us was accurate and complete.
Based on our examination as aforesaid and subject to the assumptions
and limitations herein set forth, we are of the opinion that upon the issuance
by the Company of the Shares to the Underwriters and payment therefor as
described in the Registration Statement, the Shares will be validly issued,
fully paid and non-assessable.
2
This opinion is limited in all respects to the General Corporation Law
of the State of Delaware and the laws of the United States of America insofar
as such laws are concerned.
We hereby consent to the filing of this opinion as an exhibit to the
Registration Statement and the reference to the use our firm name under the
caption "Legal Matters" therein.
Very truly yours,
-2-
1
EXHIBIT 23.2
CONSENT OF INDEPENDENT ACCOUNTANTS
We consent to the incorporation by reference in this registration statement
of USA Waste Services, Inc. on Form S-3 of our report dated March 10, 1995, on
our audits of the consolidated financial statements of USA Waste Services, Inc.
as of December 31, 1994 and 1993, and for each of the three years in the period
ended December 31, 1994, which is included in USA Waste Services, Inc.'s Annual
Report on Form 10-K for the fiscal year ended December 31, 1994, as amended by
Form 10-K/A and included in and incorporated by reference into the USA Waste
Services, Inc.'s Joint Proxy Statement and Prospectus dated May 19, 1995, and
our report dated July 14, 1995, on our audits of the supplemental consolidated
financial statements of USA Waste Services, Inc. as of December 31, 1994 and
1993, and for each of the three years in the period ended December 31, 1994,
which is included in USA Waste Services, Inc.'s Current Report on Form 8-K dated
June 30, 1995. We also consent to the reference to our firm under the caption
"Experts."
COOPERS & LYBRAND L.L.P.
Dallas, Texas
October 2, 1995
1
EXHIBIT 23.3
INDEPENDENT AUDITORS' CONSENT
We consent to the incorporation by reference in this Registration Statement
of USA Waste Services, Inc. on Form S-3 of our report dated March 30, 1995 on
the consolidated financial statements of Chambers Development Company, Inc. and
subsidiaries as of December 31, 1994 and 1993 and for each of the three years in
the period ended December 31, 1994 appearing in USA Waste Services, Inc.'s
Current Report on Form 8-K dated June 30, 1995 (which does not include such
consolidated financial statements), and appearing in the Joint Proxy Statement
and Prospectus of USA Waste Services, Inc. dated May 19, 1995. We also consent
to the reference to us under the heading "Experts" in the Prospectus, which is
part of such Registration Statement.
DELOITTE & TOUCHE LLP
Pittsburgh, Pennsylvania
October 2, 1995
1
EXHIBIT 23.4
CONSENT OF INDEPENDENT PUBLIC ACCOUNTANTS
To USA Waste Services, Inc.:
As independent public accountants, we hereby consent to the incorporation
by reference in this Registration Statement on Form S-3 of our report dated
September 22, 1993 on Envirofil, Inc. included in the USA Waste Services, Inc.'s
previously filed Amendment No. 2 to the Registration Statement on Form S-4 (File
No. 33-59259) and our report dated March 25, 1994 on the Acquired New Jersey
Solid Waste Companies incorporated by reference in the USA Waste Services,
Inc.'s previously filed Amendment No. 2 to the Registration Statement on Form
S-4 (File No. 33-59259).
ARTHUR ANDERSEN LLP
Philadelphia, PA
October 2, 1995