Waste Management struck a deal to buy medical-waste-disposal company Stericycle for roughly $5.8 billion. Waste Management said Monday it would acquire Stericycle for $62 a share in cash.

Waste Management sees growth through strategic acquisitions, pricing, and sustainability projects. Read why I rate WM stock a ...

Police stations and select pharmacies have long been among the only places to legally drop off unwanted medications. Now, ...

The all-cash offer represents a 24% premium over Stericycle's stock price on May 23, which was a day before news of the potential deal started to circulate in the press.