Similarly and highly charged plates in the presence of multivalent counteri
ons attract each other and form electrostatically bound states. Using Monte
-Carlo simulations, we obtain the interplate pressure in the global paramet
er space. The equilibrium plate separation, where the pressure changes from
attractive to repulsive, exhibits a novel unbinding transition. A systemat
ic and asymptotically exact strong-coupling field theory yields the bound s
tate from a competition between counterion entropy and electrostatic attrac
tion, in agreement with simple scaling arguments and simulations.