JGC to develop DME reformer system for fuel-cell vehicle

• Publisher: Elsevier Science
• Year: 2006
• Weight: 51 KB
• Volume: 2006
• Category: Article
• ISSN: 1351-4180
• DOI: 10.1016/s1351-4180(06)71601-4

✦ Synopsis

tendered into BASF's solicited tender offer: We believe that the response to BASF's unsolicited offer demonstrates that Engelhard stockholders recognize that the offer is inadequate and that our exploration of strategic alternatives has the potential to create value greater than BASF's offer. We appreciate the continued support of our stockholders as we seek to maximize value on their behalf. Engelhard's board unanimously recommends that Engelhard stockholders continue to reject BASF's unsolicited offer.