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Stratasys Inc And Objet Ltd Receives CFIUS Approval For Merger

Friday, 30 Nov 2012 07:00am EST 

Stratasys Inc and Objet Ltd announced that they have been informed by the Committee on Foreign Investment in the United States (CFIUS) that it has completed review of the proposed merger and has given formal approval of the transaction. The companies have signed a Letter of Assurance with the U.S. Government that addresses certain national security concerns with the proposed transaction. The companies have agreed to modify certain business processes that the U.S. Government believes could potentially create national security issues in the future. The companies believe these business modifications are reasonable and will not materially affect the business of the combined company. Having previously satisfied all other closing conditions, Stratasys and Objet intend to close the merger on or before December 6, 2012. 

Company Quote

0.13 +0.11%
4:00pm EDT