Silverchair Enters Definitive Agreement With Clarivate To Acquire ScholarOne; Terms Not Disclosed
Portfolio Pulse from Benzinga Newsdesk
Silverchair has entered into a definitive agreement with Clarivate to acquire ScholarOne. The acquisition is expected to close in Q4 2024, pending customary closing conditions. Terms of the deal were not disclosed.
October 29, 2024 | 10:32 am
News sentiment analysis
Sort by:
Descending
NEUTRAL IMPACT
Clarivate has agreed to sell ScholarOne to Silverchair, with the acquisition expected to close in Q4 2024. The terms of the deal have not been disclosed.
The sale of ScholarOne by Clarivate could impact its business operations and financials, but the lack of disclosed terms makes it difficult to predict the exact impact on stock price. The closing is expected in Q4 2024, which is a future event, so immediate stock price impact is neutral.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80