Olshan Represents Black Pearl in Acquisition of Selectis Health

MSN, Stock Titan and TipRanks reported on the acquisition by Olshan client Black Pearl Equities of healthcare company Selectis Health, Inc. (OTCQB: GBCS). Under the terms of the merger agreement, Black Pearl will commence a cash tender offer to purchase all outstanding shares of Selectis common stock at $5.75 per share. Following completion of the offer, and subject to the satisfaction of customary conditions, Black Pearl’s merger subsidiary will merge with and into Selectis, with Selectis continuing as the surviving corporation and becoming a wholly owned subsidiary of Black Pearl. The Olshan team representing Black Pearl included Vice Chair of Olshan’s Shareholder Activism Practice Group Ryan Nebel, Corporate partner Michael Neidell and Corporate associates Brian Roe and Rachel Gold.