Nano Dimension to review options relative to Stratasys and alternative targets

Nano Dimension (NNDM), which identifies itself as the largest active shareholder of Stratasys (SSYS) with a 14.5% ownership stake, issued a statement in response to Stratasys’ rejection of its proposal to acquire Stratasys for $18.00 per share in cash: "We are disappointed in Stratasys’ refusal to engage with Nano Dimension regarding our compelling offer, which would have delivered immediate value at a substantial premium to Stratasys’ shareholders amid a challenging market environment. After constructive discussions with Stratasys’ CEO, we were surprised that the Stratasys Board was unwilling to engage in an open dialogue around a combination of our businesses. While we remain open to discussions, we are disciplined with regards to our growth strategy and will consider our options, relative to both Stratasys and alternative strategic acquisition targets currently under review."