Standard BioTools stock, SomaLogic stock fall on merger news

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By Ronald Tech



Standard BioTools and SomaLogic Merger Impact on Stock Prices

Stocks Tumble After Shareholder Approval of Standard BioTools and SomaLogic Merger

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  • Standard BioTools (NASDAQ:LAB) and SomaLogic’s (NASDAQ:SLGC) shares stumbled on Friday following approval from both lab tool makers’ shareholders for their proposed merger.
  • Having received investors’ consent, the merger is slated to be finalized on January 5, 2024, subject to meeting other closing conditions, as stated by both companies after holding separate special meetings concerning the deal.


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