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SomaLogic founder, CTO among shareholders opposing Standard BioTools merger – BizWest

SomaLogic founder, CTO among shareholders opposing Standard BioTools merger – BizWest
bizwest.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bizwest.com Daily Mail and Mail on Sunday newspapers.

United statesEli casdinJason clevelandCm life sciencesCasdin capitalSomalogic incTikvah managementStandard biotools incCalifornia based standard biotoolsStandard biotoolsBoston millennia partnersMadryn asset management

Madryn Asset Management Highlights Increasing Public Shareholder Opposition to Value-Destructive SomaLogic Merger and Calls on Company to Make Additional Disclosures

Highlights That Four SomaLogic Shareholders Have Now Openly Stated Their Intention to Vote “AGAINST” the Proposed Merger with Standard BioTools Urges Fellow Shareholders to Vote “AGAINST”.

Avinash aminEli casdinRoy smytheExchange commissionSomalogic incStandard biotools incInstitutional shareholder services incMadryn health advisorsCompany cashLaboratory corporation of america holdings labcorpMadryn select advisorsCompany nasdaqMadryn health partnersMadryn health partners cayman masterSkye fundTransaction committee of the company board

Another investor opposes Somalogic merger

Investment firm Tikvah Management LLC plans to oppose SomaLogic Inc.’s (Nasdaq: SLGC) planned $1 billion merger with California-based Standard BioTools Inc. (Nasdaq: LAB), making Tikvah the second major investor to stake out a position against the deal in the last week or so.

New yorkUnited statesStandard biotools incInstitutional shareholder services incTikvah managementInstitutional shareholder servicesSomalogic incCalifornia based standard biotoolsStandard biotoolMadryn asset managementStandard biotools

Another investor opposes Somalogic merger – BizWest

Another investor opposes Somalogic merger – BizWest
bizwest.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bizwest.com Daily Mail and Mail on Sunday newspapers.

New yorkUnited statesTikvah managementInstitutional shareholder services incSomalogic incInstitutional shareholder servicesStandard biotools incCalifornia based standard biotoolsStandard biotoolMadryn asset managementStandard biotools

Madryn Asset Management Sends Letter to ISS Respectfully Requesting it Withdraw Cautionary Support for SomaLogic s Value-Destructive Proposed Merger with Standard BioTools -December 24, 2023 at 09:31 am EST

Highlights Current Merger Consideration, Which Assigns No Value and No Premium to SomaLogic’s Desirable Assets, Represents a Material Discount to Company’s Cash Reiterates Combined Entity’s.

United statesTroym coxAvinash aminEli casdinRoy smytheJason clevelandCristiano guerraTom careyTroy coxAdam taichTransaction committeeHead of special situations researchExchange commissionMadryn health partners cayman masterCompany nasdaqSkye fund