(Reuters) -Stratasys Ltd said on Thursday it has received an unsolicited buyout proposal from its peer 3D Systems Corp.
3D Systems has proposed to acquire Stratasys for $7.50 in cash and 1.2507 newly issued share of 3D Systems for each share of Stratasys, the industrial 3D printers maker said.
Stratasys said its board will “carefully review” the non-binding proposal.
(Reporting by Jaiveer Singh Shekhawat in Bengaluru; Editing by Shilpi Majumdar)