Market News / Story
Simulations Plus, Inc. (SLP) Closes Sale to Altaris for $18.50/Share, Will Delist
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Simulations Plus completed its acquisition by Altaris affiliates; shareholders received $18.50 in cash per share. The company will become private, delist from Nasdaq, and be combined with Altaris portfolio company Chemical Computing Group. Material Details #DetailAI Analyst View1Deal closed at $18.50/share cashSets final payout; removes equity upside/downside. Arbitrage closes.2SLP to delist from NasdaqEnds public trading; holders shift to cash, not stock.3Combined with…