Stericycle Shares Resume Trade, Company Reported Considering A Sale After Receiving Takeover Interest
Portfolio Pulse from Benzinga Newsdesk
Stericycle shares have resumed trading after the company reported it is considering a sale following takeover interest.
May 24, 2024 | 7:21 pm
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POSITIVE IMPACT
Stericycle is considering a sale after receiving takeover interest, leading to a resumption in trading of its shares.
The news of potential takeover interest and a possible sale is likely to drive up Stericycle's stock price in the short term as investors anticipate a premium on the current share price.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100