Waste Management nears deal to buy Stericycle for $7 billion, WSJ reports

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Waste Management nears deal to buy Stericycle for $7 billion, WSJ reports
StericycleThe Wall Street JournalMedical Waste Disposal
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The acquisition of Bannockburn, Illinois-based Stericycle which has more than $1 billion of debt, could be announced as soon as Monday, the report added...

- Waste Management is nearing a deal to buy medical waste disposal company Stericycle for roughly $7 billion, including debt, the Wall Street Journal reported on Sunday.

Bloomberg reported last month that Stericycle was exploring a potential sale after receiving takeover interest, sending its shares up by more than 13%.Stericycle helps local clinics, surgery centers and hospitals dispose their biohazardous and pharmaceutical waste while Houston, Texas-based Waste Management is one of the largest U.S. trash and recycling collection companies.Most retirees live on a fixed income, so they look for ways to cut down on expenses and save money.

"I've watched Nvidia all my career, actually, since it's gone public. It's a very cyclical stock," Cathie Wood said in defense of her firm selling shares. Gold bars and silver coins continue to show strong sales for Costco, and these high-value items help the company show strong online growth too.Kangaroos, Tigers and Other Animals Are Thriving 5 Years After Being Rescued from Uncredited Canada Zoo

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