Stratasys (SSYS) announced that its Board of Directors, after consultation with its independent financial and legal advisors, unanimously determined that the revised partial tender offer announced by Nano Dimension (NNDM) on July 10, 2023 to acquire ordinary shares of Stratasys for $24.00 per share in cash is misleading, coercive, substantially undervalues the company as a whole and is NOT in the best interests of all Stratasys shareholders. Accordingly, the Board unanimously recommends that shareholders reject the revised partial offer, deliver a Notice of Objection against the partial offer and do NOT tender their Stratasys shares in the partial offer.
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