BRIEF-Stratasys To Combine With Desktop Metal In About $1.8 Billion All-Stock Transaction
Desktop Metal Inc: * STRATASYS TO COMBINE WITH DESKTOP METAL IN APPROXIMATELY $1.8 BILLION ALL-STOCK TRANSACTION
* DESKTOP METAL INC - DESKTOP METAL STOCKHOLDERS WILL RECEIVE 0.123 ORDINARY SHARES OF STRATASYS FOR EACH SHARE OF DESKTOP METAL CLASS A COMMON STOCK * DESKTOP METAL INC - PROPOSED DEAL FOR APPROXIMATELY $1.88 PER SHARE OF DESKTOP METAL CLASS A COMMON STOCK
* DESKTOP METAL INC - COMBINED COMPANY EXPECTED TO GENERATE $1.1 BILLION IN REVENUE WITH ADJUSTED EBITDA MARGIN OF 10%-12% IN 2025 * DESKTOP METAL INC - STRATASYS AND DESKTOP METAL REAFFIRM PREVIOUSLY PROVIDED GUIDANCE
* DESKTOP METAL INC - DESKTOP METAL STOCKHOLDERS WILL RECEIVE 0.123 ORDINARY SHARES OF STRATASYS FOR EACH SHARE OF CO Source text for Eikon: Further company coverage:
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