3D STOCK OFFER EXTENDED 9 DAYS.Byline: Daily News VALENCIA Valencia, region, Spain Valencia (välān`thēä), autonomous region (1990 pop. 3,902,429) and former kingdom, E Spain, on the Mediterranean. It now comprises the provinces of Alicante, Castellón, and Valencia. - 3D Systems Corp., based in Valencia, is extending the expiration date Expiration Date The day on which an options or futures contract is no longer valid and, therefore, ceases to exist. Notes: The expiration date for all listed stock options in the U.S. of its offer for outstanding shares of common stock in DTM DTM dermatophyte test medium. Corp. while the federal government considers any antitrust Antitrust The antitrust laws apply to virtually all industries and to every level of business, including manufacturing, transportation, distribution, and marketing. They prohibit a variety of practices that restrain trade. issues. The offer, a step toward a merger with DTM, was due to close at 9 p.m. Tuesday and was extended to June 7. 3D Systems extended the tender offer at the request of the Antitrust Division of the U.S. Department of Justice, in order to give federal officials additional time to complete an inquiry into the tender offer and follow-on merger. By the close of business on May 23, more than 4.5 million shares of DTM common stock - or 59 percent - had been validly tendered and not withdrawn pursuant to the tender offer. 3D Systems provides solid imaging products and services that reduce the time and cost required to design, test and manufacture products. The equipment produces three-dimensional models from computer images. The company announced the planned merger last month, having signed a agreement to buy DTM contingent on Adj. 1. contingent on - determined by conditions or circumstances that follow; "arms sales contingent on the approval of congress" contingent upon, dependant on, dependant upon, dependent on, dependent upon, depending on, contingent , among other conditions, closing the loan funding. 3D Systems was founded in 1986 and is headquartered in the Valencia Industrial Center. |
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