UQM merger pushed back as CFIUS extends investigation period
LONGMONT — The merger of UQM Technologies Inc. (NYSE American: UQM), a developer of alternative energy technologies for electric vehicles, and Denmark-based Danfoss Power Solutions (US) Co. may take a bit longer to complete than initially anticipated.
The company announced this week that the Committee on Foreign Investment in the United States, a regulatory body the reviews foreign investments in American firms, is extending the period of time it has allotted to investigating the transaction.
THIS ARTICLE IS FOR SUBSCRIBERS ONLY
Continue reading for less than $3 per week!
Get a month of award-winning local business news, trends and insights
Access award-winning content today!
Related Posts
-
Broomfield-based Premier Members Credit Union opened a new branch this week at 1425 S. Airport…
-
Winner's Circle, a family entertainment center, is expected to open up shop in Longmont in…
-
Left Hand Brewing Co. will host Left Hand Oktoberfest, an annual tradition since 2012, on…
-
Electrasteel Inc., a developer of a more-sustainable iron and steel production process that does business…
