Proxy advisor ISS opposes Stratasys, Desktop Metal merger in 3D printing

  • 📰 SaltWire Network
  • ⏱ Reading Time:
  • 31 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 16%
  • Publisher: 63%

日本 ニュース ニュース

日本 最新ニュース,日本 見出し

By Svea Herbst-Bayliss NEW YORK (Reuters) - Influential proxy advisory firm Institutional Shareholder Services recommended 3D printer manufacturer ...

By Svea Herbst-Bayliss NEW YORK - Influential proxy advisory firm Institutional Shareholder Services recommended 3D printer manufacturer Stratasys shareholders reject plans to buy DesktopBy Svea Herbst-Bayliss

ISS's recommendation, which tends to carry significant weight with shareholders, comes only days before the Sept. 28 vote and marks the latest twist in a years-long drama over how the 3D printing industry may be consolidated. Desktop Metal made its all-stock deal proposal on May 25, valuing its equity at approximately $591 million in aggregate.

But as Stratasys', Desktop Metal's and 3D Systems' share prices have dropped in the last 52 weeks, ISS argued that 3D Systems' cash and stock offer for Stratasys"holds out an important hedge against further declines."

このニュースをすぐに読めるように要約しました。ニュースに興味がある場合は、ここで全文を読むことができます。 続きを読む:

 /  🏆 45. in JP
 

コメントありがとうございます。コメントは審査後に公開されます。

日本 最新ニュース, 日本 見出し

Similar News:他のニュース ソースから収集した、これに似たニュース記事を読むこともできます。

Proxy advisor ISS opposes Stratasys, Desktop Metal merger in 3D printingInfluential proxy advisory firm Institutional Shareholder Services recommended 3D printer manufacturer Stratasys shareholders reject plans to buy Desktop Metal, saying another offer 'presents a more convincing route to value creation,' in a note seen by Reuters on Wednesday. ISS's recommendation, which tends to carry significant weight with shareholders, comes only days before the Sept. 28 vote and marks the latest twist in a years-long drama over how the 3D printing industry may be consolidated. 'It is not clear that it (the all-stock offer Stratasys made for Desktop Metal) creates value for 3D printer manufacturer Stratasys shareholders,' ISS wrote in its note to clients with a headline 'vote against acquisition at SSYS meeting.'
ソース: YahooFinanceCA - 🏆 47. / 63 続きを読む »