HSR Waiting Period Expires for Altaris' $375M Acquisition of Simulations Plus
SLP sits 65% above its 52-week low of $11.09 on light trading volume (0.4× avg).
Summary
The Hart-Scott-Rodino waiting period for Altaris' $375 million acquisition of Simulations Plus has expired, clearing a key U.S. antitrust hurdle. The deal, announced in June at $18.50 per share, still requires shareholder approval and French regulatory clearance. Closing is expected in the second half of 2026. This is a material step toward completion, reducing regulatory uncertainty for the all-cash transaction.
At the time of this announcement, SLP was trading at $18.31 on NASDAQ in the Life Sciences sector, with a market capitalization of approximately $370.3M. The 52-week trading range was $11.09 to $21.01. This news item was assessed with positive market sentiment and an importance score of 7 out of 10. Source: Reuters.