Waste management trucks are making a big pick up this week.

Motley full analyst Bill Barker. Bill,

thanks for joining me.

Thanks for having me.

You know Bill, Merger Monday, living up to the name today.

I mean it's an acquisition if you want to get

pedantic but we have waste management set to acquire another waste company

Stericycle in a seven billion dollar deal. Some speculation about this late last week press release out today confirming.

What do you think waste management sees here with Star Cycle? I think it sees a

relatively low cost way to grow some revenues and as it's announced the

acquisition on its site see some synergies, some cost savings. I think that's very likely given that a

stereicycle is not well known for extremely smart execution, at least over the last decade. So I think that

waste management's superior size and scale is going to allow it to take a close look with some fresh eyes at the way that

Sterecicles been doing business and probably save a little money to talking

about I think you know over 125 million of projected annual synergy so that is what it

sees the market doesn't see quite as much today at least as reflected by waste management stock price which is

off a little bit.

We I think most of our listeners know the green waste management trucks maybe not as as familiar with Sterocycles business.

They are in the biohazardous waste often from medical applications.

They also have a document shredding business. This isn't exactly what waste management's known for and so it looks to me like this is them kind of taking a step in the direction of being a little bit more of a comprehensive service provider for some of their customers?

Yeah, they in fact announce you know that this will make for a quote comprehensive suite of environmental solutions so getting rid of

medical waste you can sort of link that to environmental, you know, ideas, but I think that it does give them

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