DECEMBER, 1996: San Diego County votes to put four landfills on the block for at least $100 million.
FEBRUARY, 1997: The county hires J.P. Morgan as its financial adviser on the sale.
APRIL: The county gets preliminary bids from top trash haulers, including USA Waste. J.P. Morgan is part of a bank group making a $1.6 billion credit line to USA Waste.
JUNE: San Diego Regional Disposal, a hauler eliminated from the competition, claims Morgan has a conflict of interest. The county and Morgan deny any conflict. Even so, State Attorney General Dan Lungren is looking into the affair. Final bids submitted on June 24.
Updated June 27, 1997 by bwwebmaster
Copyright 1997, Bloomberg L.P.