3d systems confirms submission of a superior proposal to combine with stratasys

Rock hill, s.c., june 02, 2023 (globe newswire) -- today, 3d systems (nyse:ddd) confirmed its submission of a proposal to combine with stratasys (nasdaq:ssys) in a cash and stock merger that would convert each stratasys share into $7.50 in cash and 1.2507 newly issued shares of 3d systems common stock.1 the combination would create an additive manufacturing industry leader, with stratasys shareholders owning 40% of the combined company and receiving approximately $540 million in cash. 3d systems delivered this proposal to the stratasys board on may 30, 2023.
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