Nano Dimension Increases Special Tender Offer Price For Stratasys Shares To $20.05/Share In Cash And Extends Offer Period To July 24; Reiterated Previously Announced Preview Of Its Financial Results For Qtr Ended March 31
Portfolio Pulse from Benzinga Newsdesk
Nano Dimension (NNDM) has increased its special tender offer price for Stratasys (SSYS) shares to $20.05/share in cash and extended the offer period to July 24. NNDM also reiterated its previously announced financial results preview for the quarter ended March 31.
June 27, 2023 | 12:47 pm
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POSITIVE IMPACT
Nano Dimension increases its special tender offer price for Stratasys shares to $20.05/share in cash and extends the offer period to July 24.
The increased offer price and extended offer period may have a positive short-term impact on SSYS's stock price, as investors may see the higher offer price as a sign of increased value.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
NEUTRAL IMPACT
Nano Dimension increases its special tender offer price for Stratasys shares to $20.05/share and extends the offer period to July 24.
The increased offer price and extended offer period may have a neutral short-term impact on NNDM's stock price, as the market has likely already priced in the acquisition.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100