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DrContango

11/24/14 6:45 AM

#132 RE: BiotechValues #131

DDD to acquire CIMT:

5:46 am Cimatron: 3D Systems (DDD) to acquire Cimatron for $8.97 per share (CIMT) : 3D Systems (DDD) and Cimatron (CIMT) announced a definitive agreement under which 3DS will acquire all of the outstanding shares of Cimatron for $8.97 per share in cash, subject to certain adjustments for Cimatron transaction expenses, for a total of ~$97 million, inclusive of its net cash.

The Boards of Directors of both companies have unanimously approved the proposed transaction.
The companies expect the transaction to close in the first quarter of 2015.