Waste Management to acquire Stericycle in $7.2 billion deal

The companies said the deal was unanimously approved by their boards of directors and is expected to close as early as the fourth quarter of 2024. Following the announcement, shares of Stericycle rose more than 16% in premarket trading Monday, while shares of WM fell nearly 2%. An employee cleans his company vehicle at the Waste Management facility on February 12, 2024 in Austin, Texas. Waste Management will buy Illinois-based waste-disposal company Stericycle in a deal valued at about $7.2 billion, the com ...