ECOL - US Ecology gains after HSR waiting period for Republic Services deal expires

US Ecology (NASDAQ:ECOL) rose 1% after the HSR waiting period for the company's $48/share sale to Republic Services (NYSE:RSG) expired. The deal is expected to close during Q2, subject to approval of  US Ecolog's (ECOL) holders and remaining closing conditions, according to a statement from the companies. Republic Services (RSG)  agreed to buy US Ecology (ECOL) for $48/share last month. The deal comes after competitor Waste Management (WM) purchased Advanced Disposal Services for $4.6B in 2020. Earlier this month, Clean Harbors (CLH) gains on report of potential interest from Waste Management.

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US Ecology gains after HSR waiting period for Republic Services deal expires