| | General Electric : GE Water & Process Technologies and ZENON Environmental Inc, have announced that they have ... (Site not responding. Last check: 2007-10-09) |
 | | GE Water and Process Technologies and ZENON Environmental Inc, have announced that they have signed an agreement in connection with the acquisition by way of statutory "Plan of Arrangement" of ZENON by GE in an all cash transaction for Cdn $24 per share, valuing the transaction at approximately Cdn $760 million, or US $656 million. |
 | | ZENON option holders will be eligible to receive Cdn $24 cash, less the exercise price of the respective option. |
 | | The Board of Directors of ZENON, following the unanimous recommendation of a Special Committee of independent directors established to oversee the transaction and the negotiation thereof, has unanimously approved the Arrangement Agreement and is recommending the holders of ZENON Common and Non-Voting Class A Shares vote in favor of the Plan of Arrangement. |
| www.ge.com /stories/en/20425.html?category=Product_Business (535 words) |