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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.

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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”. ....

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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. ....

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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 York , United States , Tikvah Management , Institutional Shareholder Services Inc , Somalogic Inc , Institutional Shareholder Services , Standard Biotools Inc , California Based Standard Biotools , Standard Biotool , Madryn Asset Management , Standard 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. ....

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