Fuel Systems Stockholders Approve Merger with Westport

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Go back to Fuel Systems Stockholders Approve Merger with Westport

Westport (WPRT) Completes Fuel Systems Merger; Additional Tranche of Cartesian Investment Also Completed

June 1, 2016 4:30 PM EDT

Westport Fuel Systems Inc. (Nasdaq: WPRT) announced completion of the merger between Westport Innovations Inc. and Fuel Systems Solutions, Inc. ("Fuel Systems") (Nasdaq: FSYS). Shareholders of both companies approved the merger at separate special meetings of shareholders. As previously announced, Fuel Systems shareholders will receive 2.4755 Westport common shares for each share of Fuel Systems common stock owned. Fuel Systems shares will no longer be listed on the Nasdaq Exchange or any other securities exchange.

The merged company will be named Westport Fuel Systems Inc.... More