Nano Dimension Ltd. affirmed Tuesday its $18-per-share, all-cash bid to buy Stratasys Ltd. that was originally submitted on March 22, a bid which Stratasys’...
Nano Dimension Ltd.
affirmed Tuesday its $18-per-share, all-cash bid to buy Stratasys Ltd. that was originally submitted on March 22, a bid which Stratasys’ board rejected last month. Nano Dimension had raised its bid to $20.05 a share in April, which Stratasys also said undervalued the company. In early June, 3D Systems Corp. DDD stepped in with a cash-and-stock bid that at that time valued Stratasys shares at $25 each, but as of Monday’s stock closing prices, 3D’s per-share bid has dropped to about $19.91.
affirmed Tuesday its $18-per-share, all-cash bid to buy Stratasys Ltd. that was originally submitted on March 22, a bid which Stratasys’ board rejected last month. Nano Dimension had raised its bid to $20.05 a share in April, which Stratasys also said undervalued the company. In early June, 3D Systems Corp. DDD stepped in with a cash-and-stock bid that at that time valued Stratasys shares at $25 each, but as of Monday’s stock closing prices, 3D’s per-share bid has dropped to about $19.91.
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