Quantum Fuel Systems Technologies Worldwide Inc (QTWW) announced that it has entered into an agreement whereby Quantum will acquire all of the outstanding shares of Starcraft Corporation (STCR) in a stock-for-stock exchange valued at approximately $185 million The combined company will have an extensive range of operational expertise in areas such as vehicle systems design, powertrain engineering, systems integration, validation, assembly and service readiness for traditional vehicles, alternative fuel platforms, and hydrogen-based fuel cell vehicles. [ more ] QTWW is trading down in the pre-market and STCR is trading up, which is typical when these types of events occur. I will probably use this brief downturn opportunity to purchase more QTWW.
