MISSISSAUGA, Ontario, Sept. 03, 2019 (GLOBE NEWSWIRE) -- Hydrogenics Corporation (NASDAQ: HYGS; TSX: HYG) (the “Company” or “Hydrogenics”) announced today that it has obtained a final order from the Ontario Superior Court of Justice (Commercial List) approving the previously-announced plan of arrangement pursuant to which Atlantis AcquisitionCo Canada Corporation (the “Purchaser”), a subsidiary of Cummins Inc., will, among other things, acquire all of the outstanding common shares of the Company (the “Shares”) other than the Shares owned by The Hydrogen Company, a wholly owned subsidiary of L’Air Liquide S.A., for US$15.00 in cash per Share (the “Transaction”). The Hydrogen Company has agreed to contribute its Shares for common shares of the Purchaser on a one for one basis, pursuant to the Transaction in lieu of receiving the cash consideration from the Purchaser for its Shares. Receipt of the final order follows the Company’s special meeting of shareholders held on August 29, 2019. via Hydrogenics Corporation https://ift.tt/2NONlAG
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