In a regulatory filing, Waste Management (WM) disclosed that on October 30, the company and Stericycle (SRCL) received requisite approval for the closing of their merger from the Competition Bureau of Canada pursuant to the Canadian Competition Act. “Accordingly, all conditions to closing with respect to antitrust and foreign direct investment laws have been satisfied in accordance with the terms and conditions of the Merger Agreement. Subject to the satisfaction of the remaining conditions to closing, the Company, Merger Sub and Stericycle expect to complete the Merger on November 4,” the filing stated.
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Read More on WM:
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- WM price target raised to $220 from $213 at BMO Capital
- WM price target raised to $230 from $224 at Oppenheimer
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