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Waste disposal firm Stericycle to buy Shred-it for $2.3 bln

2015-07-15 22:41:26| Waste Management - Topix.net

Waste disposal company Stericycle Inc said it would buy privately held Shred-it International, a secure information destruction services provider, for $2.3 billion in cash. The deal is expected to add at least 10 percent to cash earnings per share by 2016, rising to the mid-to-high teens in 2018, the companies said in a statement.

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