Stratasys Mails Letter Urging Shareholders To Vote FOR All Stratasys Proposals; Combination With Desktop Metal To Significantly Augment Stratasys' Winning Growth Strategy
Portfolio Pulse from Benzinga Newsdesk
Stratasys Ltd. (NASDAQ:SSYS) has sent a letter to its shareholders urging them to vote in favor of all the company's proposals related to its previously announced merger agreement with Desktop Metal, Inc. (NYSE:DM). The vote will take place at the Stratasys Extraordinary General Meeting of Shareholders on September 28, 2023.
September 19, 2023 | 12:13 pm
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POSITIVE IMPACT
Desktop Metal's merger with Stratasys, if approved by Stratasys shareholders, could potentially enhance its market position.
The merger with Stratasys is a significant move for Desktop Metal. If approved by Stratasys shareholders, this could potentially enhance Desktop Metal's market position and positively impact its stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
POSITIVE IMPACT
Stratasys is urging its shareholders to vote in favor of its merger with Desktop Metal, which could potentially boost its growth strategy.
The merger with Desktop Metal is a significant move for Stratasys, and the company's push for shareholder approval indicates its belief in the potential benefits of the merger. If approved, this could lead to a boost in the company's growth strategy, which could positively impact its stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100