U.S. Silica Shareholders Back Apollo’s $15.50 Per Share Take-Private Transaction

Wednesday, 17 July 2024, 11:47

U.S. Silica's shareholders have greenlit the acquisition by Apollo Funds, paving the way for the company to go private at $15.50 per share in cash. This move marks a significant development in the company's ownership structure, indicating a strategic shift towards private ownership for U.S. Silica.
Seeking Alpha
U.S. Silica Shareholders Back Apollo’s $15.50 Per Share Take-Private Transaction

U.S. Silica Shareholders Approve Apollo's Take-Private Deal

U.S. Silica's shareholders have given the green light to Apollo Funds' acquisition.

Key Points:

  • Acquisition: Apollo Funds to acquire U.S. Silica
  • Price: $15.50 per share in cash
  • Ownership: Transition to private company

This decision holds strategic implications for U.S. Silica's future.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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