Stratasys (SSYS) announced that its board of directors has initiated a process to explore strategic alternatives for the company. This decision follows its announcement that, based on its preliminary count of the votes cast at the company’s extraordinary general meeting of shareholders, Stratasys shareholders did not approve the terms of the previously announced merger agreement with Desktop Metal (DM) dated May 25. Accordingly, Stratasys has terminated the merger agreement. The final, certified voting results for the Stratasys EGM will be provided in a Form 6-K to be furnished to the U.S. Securities and Exchange Commission, which Stratasys expects to occur within four business days. The process will begin immediately. Potential strategic alternatives to be explored or evaluated may include, but are not limited to, a strategic transaction, potential merger, business combination or sale.
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