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Post Number: 1474 Registered: 10-2005 Posted From: 75.73.208.143
Rating: N/A Votes: 0 | Posted on Monday, July 20, 2015 - 3:22 pm: | |
Vivint Solar ni SunEdison purchase chesthundhi.. experts ye stock pi me inputs purchase cheyya vacha.. --------------- Vivint Solar surged 41% in premarket trading on Monday after news that it was being acquired by SunEdison and TerraForm. This deal will help SunEdison, already a giant in the renewable-energy space, expand in the market for residential and commercial solar energy. According to the statement, SunEdison and TerraForm Power are buying Vivint Solar for $2.2 billion in cash and stock. SunEdison is offering Vivint shareholders $16.50 a share, a 52% premium from Friday's closing price of $10.88. ------------------------- Vivint Solar shareholders will receive $16.50 per share in the buyout, which will consist of $9.89 in cash, $3.31 in SunEdison stock, and $3.30 in convertible notes in SunEdison. It's that last piece that may be the reason shares are trading well below the $16.50 per share buyout price. |