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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. 
New York United States Standard Biotools Inc Institutional Shareholder Services Inc Tikvah Management Institutional Shareholder Services

Madryn Asset Management Releases Evidence that SomaLogic Ran an Incomplete Review of Alternatives

On December 26, 2023, Madryn Asset Management, LP disclosed that the Transaction Committee of SomaLogic, Inc.?s Board of Directors did not pursue a substantive dialogue with Laboratory Corporation of...
United States Standard Biotools Inc Transaction Committee Of Somalogic Inc Laboratory Corporation Of America Holdings Madryn Asset Management Transaction Committee

Madryn Asset Management Releases Evidence That SomaLogic Ran a Flawed and Incomplete Review of Alternatives

Correspondence Show SomaLogic Failed to Engage with Labcorp – One of the Industry’s Leading Strategics, with a $19 Billion Market Cap – Prior to Pursuing Standard BioTools Deal Madryn Will...
Avinash Amin Eli Casdin Madryn Select Advisors Exchange Commission Somalogic Transaction Committee Laboratory Corporation Of America Holdings Labcorp

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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 States Troym Cox Avinash Amin Eli Casdin Roy Smythe Jason Cleveland

ISS Recommends SomaLogic Stockholders Vote "FOR" Proposed Merger with Standard BioTools | Nation/World

BOULDER, Colo., Dec. 22, 2023 (GLOBE NEWSWIRE) -- SomaLogic, Inc., a leader in proteomics technology, today announced that Institutional Shareholder Services (“ISS”) has recommended that SomaLogic stockholders vote “FOR” the
Marissa Bych Gilmartin Group Institutional Shareholder Services Exchange Commission Standard Biotool Investor Relations Department Morrow Sodali

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