Standard BioTools and SomaLogic Planned Merger

December 22, 2023

SomaLogic, Inc. announced a proposed merger with Standard BioTools Inc., but several SomaLogic shareholders publicly urged a “no” vote. Tikvah Management and Madryn Asset Management criticized the merger on grounds including alleged undervaluation, process and disclosure concerns, and quality of Standard BioTools’ business and balance sheet.

Buyers
Standard BioTools Inc.
Targets
SomaLogic, Inc.
Location
United States
Transaction Type
Buyout

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