U.S. Silica's (SLCA) Acquisition by Apollo Gets Shareholders' Nod
Written by Emily J. Thompson, Senior Investment Analyst
Source: NASDAQ.COM
- U.S. Silica Acquisition Approval: U.S. Silica Holdings, Inc. received shareholder approval for its acquisition by Apollo-managed funds in an all-cash transaction, with the deal expected to close before the end of the current quarter.
- Financial Performance and Stock Recommendations: U.S. Silica's financial results showed a decline in earnings and revenues, while other better-ranked stocks in the Basic Materials sector like Carpenter Technology Corporation, Eldorado Gold Corporation, and Kinross Gold Corporation were highlighted for their strong performance and growth potential.
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.
