3D Systems Affirmed Commitment to Pursuing Combination with Stratasys
Portfolio Pulse from Charles Gross
3D Systems (DDD) expressed disappointment in Stratasys' (SSYS) rejection of its business combination proposal, stating that it remains undeterred in pursuing the combination. 3D Systems believes the combination offers the best blend of immediate value, long-term growth, and certainty to close.
June 20, 2023 | 11:12 pm
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NEUTRAL IMPACT
3D Systems remains committed to pursuing a combination with Stratasys, believing it offers the best value and growth potential.
3D Systems' commitment to pursuing the combination with Stratasys indicates that they believe it will benefit their shareholders. However, the rejection by Stratasys creates uncertainty, making the short-term impact neutral.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
NEUTRAL IMPACT
Stratasys rejected 3D Systems' business combination proposal, but 3D Systems remains committed to pursuing the combination.
Stratasys' rejection of the proposal creates uncertainty around the potential combination with 3D Systems. However, 3D Systems' commitment to pursuing the combination could still lead to a potential deal, making the short-term impact neutral.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100