Brief: Standard Biotools Upon Termination Of Deal, Co May Be Required To Pay Somalogic Fee Of $19.1 Million And/Or Reimburse Somalogic's Expenses Up To $2 Million

Standard BioTools

04/10/2023 13:51

Oct 4 (Reuters) - Standard BioTools Inc  LAB.O :
    * STANDARD BIOTOOLS: UPON TERMINATION OF DEAL, CO MAY BE
REQUIRED
TO PAY SOMALOGIC FEE OF $19.1 MILLION AND/OR REIMBURSE
SOMALOGIC'S EXPENSES UP TO $2 MILLION
    * STANDARD BIOTOOLS: UPON TERMINATION OF DEAL BY SOMALOGIC,
SOMALOGIC MAY REQUIRED TO PAY CO FEE OF $17.2 MILLION AND/OR
REIMBURSE EXPENSES UP TO OF $2 MILLION

Source text for Eikon:  ID: 
Further company coverage:  LAB.O 

 ((Reuters.Briefs@thomsonreuters.com;))