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Waste Management to Acquire Stericycle for $7.2 Billion

1 min read
Source: CNBC
Waste Management to Acquire Stericycle for $7.2 Billion
Photo: CNBC
TL;DR

Waste Management will acquire Stericycle in a $7.2 billion deal, paying $62 per share in cash, representing a 24% premium. The acquisition, approved by both companies' boards, is expected to close by Q4 2024. Following the announcement, Stericycle's shares rose 15%, while Waste Management's shares fell over 2%.

Topics:business#acquisition#business#business-deal#stericycle#stock-market#waste-management
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  1. Waste Management to acquire Stericycle in $7.2 billion deal  CNBC
  2. Exclusive | Waste Management Near Deal to Buy Stericycle  The Wall Street Journal
  3. WM to Acquire Stericycle, a Leader in Medical Waste Services, for $7.2 Billion  Yahoo Finance
  4. Stericycle Shares Rise Premarket on Report of Buyout Deal  MarketWatch
  5. Waste Management nears $7 billion deal for Stericycle, WSJ says  Crain's Chicago Business

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