Tesla acquiring SolarCity in $2.6B all-stock deal; expected close of transaction in Q4

Green Car Congress
By mmillikinAug 1, 2016, 9:53 am119 ptsTrending
Tesla and SolarCity reached agreement for the automaker’s purchase of the solar company in an all-stock deal valued at $2.6 billion—slightly less than the original $2.8-billion proposal made by Tesla just over a month ago. (Earlier post.) SolarCity will operate as a wholly-owned subsidiary of Tesla. The…

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