FILE PHOTO: A 3D printing machine is shown at the Ames Research Center at Moffett Field in Mountain View, California May 24, 2013. NASA Administrator Charles Bolden viewed demonstrations of Ames' contributions to the PhoneSat nanosatellite mission and 3D printing activity on Friday. REUTERS/Robert Galbraith/File Photo
NEW YORK (Reuters) - Influential proxy advisory firm Institutional Shareholder Services recommended 3D printer manufacturer Stratasys shareholders reject plans to buy Desktop Metal, saying another offer "presents a more convincing route to value creation," in a note seen by Reuters on Wednesday.
ISS's recommendation, which tends to carry significant weight with shareholders, comes only days before the Sept. 28 vote and marks the latest twist in a years-long drama over how the 3D printing industry may be consolidated.
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