Waste Management struck a deal to buy medical-waste-disposal company Stericycle for roughly $5.8 billion. Waste Management said Monday it would acquire Stericycle for $62 a share in cash.

Stericycle (NASDAQ:SRCL) rose 0.8% after the company disclosed that all the closing conditions for its planned $62 a share sale to Waste Management (WM) have been received.

Waste Management's strong economic moat and growth potential make it an undervalued investment with 20-30% upside potential ...

Stericycle Stock Performance Shares of SRCL stock opened at $61.98 on Thursday. The company has a quick ratio of 1.13, a current ratio of 1.20 and a debt-to-equity ratio of 0.53. The business has ...

The company’s growth should also benefit from the Stericycle acquisition, helping it to enter the high-growth medical waste market. Further, the residential volume is expected to stabilize ...

Pausing share repurchase activity reflects the Company’s commitment to return to targeted leverage levels within about 18 months after the acquisition of Stericycle. Each individual future ...