Did BlackRock buy SLS stock?
BlackRock did not buy SELLAS Life Sciences (SLS) outright. Instead, BlackRock is one of the many institutional investors that holds a significant number of shares in the company. As a major asset management firm, BlackRock frequently manages large portfolios that include positions in various publicly traded companies, but this constitutes institutional ownership rather than an acquisition of the business itself. SELLAS Life Sciences remains an independent, publicly traded entity, and its shares are held by hundreds of different institutional owners and individual shareholders, including other large financial institutions such as Vanguard and State Street.
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