Shares of 3-D printing company Stratasys Ltd. were rising 7% in premarket trading Wednesday after Nano Dimension Ltd. said it was prepared to begin a special...
Shares of 3-D printing company Stratasys Ltd.
were rising 7% in premarket trading Wednesday after Nano Dimension Ltd. said it was prepared to begin a special tender offering targeting at least 51% ownership of Stratasys’ stock for $18 a share. Nano already owns about 14.5% of Stratasys’ shares outstanding. Nano announced Tuesday that it was offering $20.05 a share in cash to acquire the remaining shares of Stratasys that it didn’t own, with that price marking an increase from a prior offer that was rejected by Stratasys. “Nano Dimension remains willing to negotiate in good faith a consensual transaction at its.
were rising 7% in premarket trading Wednesday after Nano Dimension Ltd. said it was prepared to begin a special tender offering targeting at least 51% ownership of Stratasys’ stock for $18 a share. Nano already owns about 14.5% of Stratasys’ shares outstanding. Nano announced Tuesday that it was offering $20.05 a share in cash to acquire the remaining shares of Stratasys that it didn’t own, with that price marking an increase from a prior offer that was rejected by Stratasys.
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