What's Going On With Stratasys Stock Today
Portfolio Pulse from Anusuya Lahiri
Stratasys stock is trading higher after Nano Dimension made an unsolicited special tender offer to acquire 53%-55% ownership of Stratasys for $18.00 per share. Stratasys also agreed to merge with Desktop Metal in an all-stock transaction valued at approximately $1.8 billion.
May 25, 2023 | 2:36 pm
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NEUTRAL IMPACT
Nano Dimension's unsolicited special tender offer to acquire 53%-55% ownership of Stratasys may impact its stock price.
Nano Dimension's stock price may be affected by its unsolicited offer to acquire a majority stake in Stratasys. However, the impact is uncertain as the outcome of the offer is not yet known, and Stratasys has already agreed to merge with Desktop Metal.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 80
POSITIVE IMPACT
Desktop Metal's stock price may be affected by the announced merger with Stratasys in an all-stock transaction valued at approximately $1.8 billion.
Desktop Metal's stock price is likely to go up in the short term due to the announced merger with Stratasys, which is expected to generate cost synergies and increase the combined company's value. The merger also implies a premium of 7.4% to Desktop Metal's closing price.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100
POSITIVE IMPACT
Stratasys stock is trading higher after receiving an acquisition offer from Nano Dimension and agreeing to merge with Desktop Metal.
Stratasys stock is likely to go up in the short term due to the acquisition offer from Nano Dimension at a premium of 26% and the merger agreement with Desktop Metal, which is expected to generate cost synergies and increase the company's value.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100