WM to Acquire Medical Waste Services Provider Stericycle for $7.2 Billion.

Waste Management (WM) has announced its acquisition of Stericycle, a medical waste services provider based in Illinois, for $7.2 billion. This purchase will allow WM to expand its service offerings and provide more comprehensive solutions to its customers. The acquisition is expected to generate $125 million in annual synergies. Stericycle's CEO and president, Cindy J. Miller, expressed excitement about the transaction, stating that it creates value for shareholders and opens up new opportunities for diversified services. [Extracted from the article]

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