Altaris completes acquisition of Sharecare

Written by Emily J. Thompson, Senior Investment Analyst

SHCR%

Source: Newsfilter

Updated: Oct 22 2024

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Source: Newsfilter

Acquisition Announcement: Sharecare has been acquired by Altaris, LLC for $1.43 per share in cash, with the transaction approved by stockholders on October 17, 2024, leading to the cessation of Sharecare's common stock trading on Nasdaq.
Future Plans and Operations: Following the acquisition, Sharecare will maintain its leadership team and headquarters in Atlanta, focusing on profitable growth and innovation in healthcare solutions while operating as a standalone company under Altaris' ownership.

About the author

Emily J. Thompson

Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.

Altaris completes acquisition of Sharecare

About the author

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