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News Tagged with "Merger"

November 16, 2015

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Westport Announces Board of Directors Changes

Governance Measures Taken as Part of Preparation for Merger

In connection with this process, Warren Baker, an existing Director, has been appointed Chairman of the board by Westport's Board of Directors. Jill Bodkin, a board member since 2008 and Chairman of the Board since 2014, has resigned as Chairman and remains as a Director. Additionally, Doug King, a board member since 2012 and Chair of Audit Committee, has resigned from the board.

October 21, 2015

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Westport and Fuel Systems Clear Key Milestone in Antitrust Requirements For Proposed Merger

The proposed merger between Westport Innovations and Fuel Systems Solutions has satisfied the requirements of the Hart-Scott-Rodino Antitrust Improvements Act of 1976. There is no further antitrust clearance required to close the transaction.

September 1, 2015

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Westport and Fuel Systems Solutions Announce Intention to Merge

Compelling Merger Creates Scale and Combines Complementary Technologies, Development Focus, and Global Customer and Product Mix

Westport Innovations Inc. (TSX: WPT / NASDAQ: WPRT), and Fuel Systems Solutions Inc. (NASDAQ: FSYS), jointly announce that the companies have entered into a merger agreement to create a premier alternative fuel vehicle and engine company.