Thursday 31st of March 2022 06:48:44 AM
US Ecology gains after HSR waiting period for Republic Services deal expires
JohnnyH5/iStock via Getty Images
ECOL RSG CLH WM
- US Ecology (NASDAQ:ECOL) rose 1% after the HSR waiting period for the company's $48/share sale to Republic Services (NYSE:RSG) expired.
- The deal is expected to close during Q2, subject to approval of US Ecolog's (ECOL) holders and remaining closing conditions, according to a statement from the companies.
- Republic Services (RSG) agreed to buy US Ecology (ECOL) for $48/share last month. The deal comes after competitor Waste Management (WM) purchased Advanced Disposal Services for $4.6B in 2020.
- Earlier this month, Clean Harbors (CLH) gains on report of potential interest from Waste Management.