U.S. Silica Announces Stockholder Approval of Acquisition by Apollo Funds
Written by Emily J. Thompson, Senior Investment Analyst
Source: PRnewswire
- U.S. Silica Merger Approval: U.S. Silica Holdings, Inc. announced that its acquisition by funds managed by Apollo was approved at a special meeting of stockholders, with the closing expected before the end of the current quarter.
- Company Background: U.S. Silica is a global performance materials company specializing in commercial silica for various industries, while Apollo Global Management is an alternative asset manager focusing on investing strategies and retirement services.
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.
