{"schema_version":"secwatch.filing_event.v1","accession":"0001104659-24-068691","form_type":"8-K/A","ticker":"WM","cik":"0000823768","company_name":"WASTE MANAGEMENT INC","filed_at":"2024-06-05T23:59:59+00:00","discovered_at":"2026-05-14T18:03:22.082945+00:00","generated_at":"2026-06-01T06:24:07.501372+00:00","sec_items":["1.01","7.01","9.01"],"event_type":"m_and_a","sentiment":"positive","materiality_score":0.9,"calibrated_materiality_score":0.9,"confidence":"high","headline":"WM to acquire Stericycle for $62/share, ~$7.2B enterprise value","bullets":["Total enterprise value of ~$7.2B includes $1.4B of Stericycle's net debt; $62/share cash represents 24% premium to 60-day VWAP.","Expected annual run-rate synergies >$125M driven by logistics, tech optimization, and disposal network.","Transaction accretive to WM earnings and cash flow within 1 year; leverage target 2.75x-3.0x net debt/EBITDA within 18 months.","Closing expected as early as Q4 2024, subject to regulatory approvals and Stericycle stockholder vote.","Termination fees: Stericycle pays $175M in certain circumstances; WM pays $262.5M if regulatory conditions not met."],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-24-068691","json":"https://secwatch.observer/filing/0001104659-24-068691.json","markdown":"https://secwatch.observer/filing/0001104659-24-068691.md","text":"https://secwatch.observer/filing/0001104659-24-068691.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/823768/000110465924068691/0001104659-24-068691-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/823768/000110465924068691/tm2416276d2_8ka.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-01T06:24:07.501372+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}