SomaLogic (SLGC) announced that Institutional Shareholder Services has recommended that SomaLogic stockholders vote “FOR” the pending merger with Standard BioTools (LAB) at the company’s Special Meeting of Stockholders to be held on January 4, 2024. Commenting on the ISS recommendation, SomaLogic issued the following statement: “SomaLogic is pleased that ISS shares its belief that the merger with Standard BioTools is in the best interests of all SomaLogic stockholders and supports the Board’s recommendation that stockholders vote ‘FOR’ the transaction. The transaction with Standard BioTools delivers compelling long-term stockholder value, and SomaLogic urges all SomaLogic stockholders to follow the ISS recommendation by voting “FOR” the value maximizing transaction on the SomaLogic proxy card.”
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