The battle for control of polymer 3-D printing company Stratasys Ltd. took yet another turn on Friday, when 3D Systems Corp. confirmed that it has submitted...
The battle for control of polymer 3-D printing company Stratasys Ltd.
took yet another turn on Friday, when 3D Systems Corp. DDD confirmed that it has submitted a proposal to take over the company in a cash-and-stock deal that it says would correspond to about $25 per Stratasys share. Rock Hill, S.C.-based 3D systems said it’s offer $7.50 per Stratasys share in cash and 1.2507 newly issued shares. Upon completion, Stratasys shareholders would own 40% of the combined company and receive about $540 million in cash.
took yet another turn on Friday, when 3D Systems Corp. DDD confirmed that it has submitted a proposal to take over the company in a cash-and-stock deal that it says would correspond to about $25 per Stratasys share. Rock Hill, S.C.-based 3D systems said it’s offer $7.50 per Stratasys share in cash and 1.2507 newly issued shares. Upon completion, Stratasys shareholders would own 40% of the combined company and receive about $540 million in cash.
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