WM to Acquire Stericycle, a Leader in Medical Waste Services, for $7.2 Billion
Yahoo Finance -

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...

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