News Tagged with "Merger"

November 16, 2015

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.

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October 21, 2015

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.

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September 1, 2015

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.

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News Releases

November 7

Westport Fuel Systems Reports Third Quarter 2019 Financial Results

Net income from continuing operations of $4.9 million and Adjusted EBITDA of $9.4 million due to revenue growth and operating cost reductions

October 24

Westport Fuel Systems to Announce Third Quarter Results on Thursday, November 7, 2019

Westport Fuel Systems Inc. announced today that it will disclose its financial results for the third quarter ended September 30, 2019 on Thursday, November 7, 2019 after market close.

September 27

Westport Fuel Systems Announces Settlement with the U.S. Securities and Exchange Commission

Westport Fuel Systems today announced that it has reached a settlement fully resolving the SEC’s investigation.

August 30

Westport Fuel Systems to Present at the 8th Annual Gateway Conference on September 5, 2019

Westport Fuel Systems today announced they have been invited to present at the 8th Annual Gateway Conference, which is being held September 4-5, 2019 at the Four Seasons Hotel in San Francisco, California

August 22

Westport Fuel Systems Announces New Chief Financial Officer

Westport Fuel Systems Appoints Richard Orazietti as Chief Financial Officer

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