WM Jan 2025 310.000 call
- Yahoo Finance Video
Waste Management set to acquire Stericycle in $7.2B deal
Waste Management (WM) is set to acquire of Stericycle (SRCL) in a deal valued at $7.2 billion. This strategic transaction marks Waste Management's foray into the medical waste management space. Yahoo Finance's Seana Smith and Madison Mills break down the stock reactions of each company after this announcement. For more expert insight and the latest market action, click here to watch this full episode of Catalysts. This post was written by Angel Smith
- Business Wire
WM to Acquire Stericycle, a Leader in Medical Waste Services, for $7.2 Billion
HOUSTON & BANNOCKBURN, Ill., June 03, 2024--Waste Management, Inc. (NYSE: WM) and Stericycle (NASDAQ: SRCL) announced today that they have entered into a definitive agreement under which WM will acquire all outstanding shares of Stericycle for $62.00 per share in cash, representing a total enterprise value of approximately $7.2 billion when including approximately $1.4 billion of Stericycle’s net debt. The per share price represents a premium of 24% to Stericycle’s 60-day volume weighted average
- Investing.com
Waste Management near $7 bln deal to buy Stericycle- WSJ
Investing.com-- Waste Management Inc (NYSE:WM) is close to a deal to buy medical waste disposal firm Stericycle Inc (NASDAQ:SRCL) for about $7 billion including debt, The Wall Street Journal reported on Sunday.
