3d Systems Submits Binding Offer To Stratasys; Stratsys Worth More Than $27/Share
Portfolio Pulse from Benzinga Newsdesk
3D Systems has submitted a binding offer to Stratasys, suggesting that Stratasys is worth more than $27 per share. 3D Systems is urging Stratasys shareholders to vote against the Desktop Metal transaction on September 28th, presenting an alternative merger agreement.
September 13, 2023 | 8:29 pm
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POSITIVE IMPACT
3D Systems has made a binding offer to Stratasys, which could potentially lead to a merger. This could impact the company's stock in the short term.
3D Systems' binding offer to Stratasys indicates a potential merger. This could lead to increased market share and improved competitive positioning, which could positively impact 3D Systems' stock in the short term.
CONFIDENCE 85
IMPORTANCE 70
RELEVANCE 80
POSITIVE IMPACT
3D Systems has made a binding offer to Stratasys, valuing it at more than $27 per share. This could impact Stratasys' stock in the short term.
3D Systems' binding offer to Stratasys at a value of more than $27 per share could lead to a potential merger. This could positively impact Stratasys' stock in the short term due to the perceived higher value.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100