SRCL, if waste management buys, this stock is likely to appreciate greatly and value, or has it already done so?

If Waste Management's (WM) acquisition of Stericycle (SRCL) is successful, there are several potential benefits that could lead to an appreciation in SRCL's stock value over time:

1. Expansion into a High-Growth Market: The acquisition allows WM to expand its presence in the medical waste services market, which is projected to grow significantly. This expansion into a high-growth market could drive SRCL's revenue growth and contribute to its overall appreciation in value.
2. Sustainability Commitment: WM's commitment to comprehensive, sustainable waste solutions could align with SRCL's business practices and strengthen its market position. This alignment may attract investors looking for companies with a strong sustainability focus.
3. Synergy Realization: WM expects to realize over $125 million in annual cost synergies from the acquisition. These synergies could improve SRCL's profitability and financial performance, which could lead to an appreciation in its stock value.
4. Enhanced Environmental Solutions: The acquisition adds SRCL's knowledge and expertise in regulated medical waste and secure information destruction to WM's broad portfolio of environmental solutions. This expansion could position WM as a one-stop-shop for customers seeking comprehensive environmental services, which could drive growth and value for SRCL shareholders.
5. Strong Management and Financial Commitment: Both WM and SRCL have confident management teams that expect to achieve full-year guidance, excluding transaction-related costs. This financial commitment and confidence in the acquisition's success could be reflected in the stock market's valuation of SRCL.

However, it's important to note that the appreciation in SRCL's stock value following the acquisition is not guaranteed. Market conditions, industry dynamics, and the overall economic environment will play a role in determining the stock's performance. Additionally, the integration of the two companies and the realization of synergies may take time, which could lead to short-term volatility in the stock price.