Thursday 31st of March 2022 06:48:44 AM

US Ecology gains after HSR waiting period for Republic Services deal expires

Garbage Day Pickup JohnnyH5/iStock via Getty Images
  • 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.


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