WM near deal to buy Stericycle for $7B including debt, WSJ reports

WM (WM) is nearing a deal to acquire Stericycle (SRCL) for roughly $7B including debt, Lauren Thomas of Wall Street Journal reports, citing people familiar with the matter. The acquisition could be announced as soon as Monday, sources told the Journal. Stericycle shares closed Friday at $51.54, giving the company, which has more than $1B in debt, a market value of about $4.8B, the paper points out.