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WM - Waste Management: Taking A Wait And See Approach On Stericycle Deal
June, 03 2024 05:36 PM
Waste Management Inc.
2024-06-03 17:36:34 ET
Summary Waste Management announced an acquisition of Stericyle for $7.2 billion, which was met with a negative response by investors. Stericycle is a leader in medical waste disposal, but the performance has been lacking, therefore patience is key here. Expecting hurdles of implementing the new company along the way. The company's valuation is trading at a premium, making it not an ideal time to start a position. Introduction For further details see:
Waste Management: Taking A Wait And See Approach On Stericycle Deal
Stock Information
Company Name:
Waste Management Inc.
Stock Symbol:
WM
Market:
NYSE
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