Ballard Power -world leader zero-emission PEM fuel cells Message Board

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Technology Stocks : Ballard Power -world leader zero-emission PEM fuel cells

BLDP 2.330

-6.4%

Jan 30 9:30 AM EST

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To: fishweed who wrote (746)	6/9/1997 4:47:00 PM
From: Don Beals	of 5827

To all From Toronto Globe and Mail May 31 I don't think this was posted Ballard Power Adopts Bid Approval Plan Vancouver - Ballard Power Systems Inc. says its shareholders have approved a shareholder bid approval plan. Ballard, based in Burnaby B.C. said the plan, to the extent reasonably possible, ensures that all shareholders of the company are treated equally in connection with any takeover bid made for the company. It said the plan requires a takeover bid remain open for at least 60 days, is designed to provide sufficient time to solicit offers and ensure equal treatment by forcing all acquisitions of control into the public arena. The company, which develops fuel cell power systems, said the plan wasn't adopted in anticipation of any specific acquistion or takeover of Ballard. End Something must be happening. In the past the price seems to go up before any official announcement. Maybe it is another contract?

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