Green Investor News – Quantum Technologies (NASDAQ:QTWW) to Acquire Schneider Power (TSX VENTURE:SNE)
Source: http://www.investorideas.com/news/renewable-energy/112509c.aspPosted on Wednesday, November 25th, 2009 | In Energy Markets, Market Commentary
Contributed by: Dawn Van Zant (http://www.investorideas.com) -
IRVINE, CALIFORNIA and TORONTO, ONTARIO – November 25, 2009 – Quantum Fuel Systems Technologies Worldwide Inc. (NASDAQ:QTWW) and Schneider Power Inc. (TSX VENTURE:SNE) today announced the signing of a definitive business combination agreement under which Quantum has agreed to acquire in a stock-for-stock exchange all of the outstanding common shares of Schneider Power.
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