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Stock impact report

Stericycle seesaws as Canadian regulator extends review of Waste Management deal [Seeking Alpha]

Stericycle, Inc. (SRCL) 
Last stericycle, inc. earnings: 2/27 07:05 am Check Earnings Report
US:NASDAQ Investor Relations: investors.stericycle.com
Company Research Source: Seeking Alpha
On Tuesday, the companies received a request for supplementary information request from the Competition Bureau of Canada according to an 8 -K filing on Tuesday. The SIR has the effect of extending the waiting period applicable to the consummation of the merger under the Canadian Competition Act until 30 days after the company and parent have responded to the information requests in the SIR. The extended Canadian review comes after Stericycle earlier this month said that the HSR waiting period for its planned $62 a share sale to Waste Management ( WM ) expired. The deal also still needs to be approval under the foreign investment laws of Spain, though Stericycle ( SRCL ) continues to anticipate completing the transaction as early as Q4, according to the filing. The merger has received antitrust clearance from the National Markets and Competition Commission (Comisión Nacional de los Mercados y la Competencia) of Spain. Waste Management (NYSE: WM ) agreed to acquire Stericycle ( S Show less Read more
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