WM - Breaking News: Is Stericycle's $62 Per Share Sale Price a Fair Deal? Johnson Fistel LLP Investigates Deal Terms | Benzinga
SAN DIEGO, June 03, 2024 (GLOBE NEWSWIRE) -- Johnson Fistel, LLP, a leading shareholder rights law firm, announced today that it has initiated an investigation into the board members of Stericycle (NASDAQ:SRCL) concerning potential breaches of fiduciary duties related to the proposed sale of the Company to Waste Management, Inc. (NYSE:WM).
On June 3, 2024, Stericycle informed the public that it has agreed to a deal with Waste Management, in which shareholders will receive $62 per share in an all-cash offer.
Johnson Fistel's investigation is centered on determining if the board of directors at Stericycle neglected their fiduciary responsibilities to the company's ...