Sunedison Inc (SUNE) and its unit TerraForm Power Inc. (TERP) unveiled Monday their decision to acquire Vivint Solar Inc. (VLSR), in a deal valued at about $2.2 billion, including debt, to expand in U.S. residential and commercial solar rooftops. In line with today’s announcement, SunEdison also initiated 2016 annual guidance of 4,200 MW to 4,500 MW, a 50% increase from its prior outlook of 2,800 MW to 3,000 MW. SunEdison to acquire Vivint at 51% premium SunEdison’s decision to acquire Vivint Solar envisages the solar company to offer Vivint shareholders $9.89 in cash, $3.31 in stock and $3.30 in notes…
Sunedison Inc (SUNE) Seals $2.2 Billion Deal To Acquire Vivint Solar Inc (VSLR)
Mani
Mani is a Senior Financial Consultant. He has worked in Senior Management role in large banking, financial and information technology organizations. He has provided solutions for major banking and securities firms across the globe in the area of retail, corporate and investment banking. He holds MBA (Finance) and Professional Management Accounting Qualifications. His hobbies are tracking global financial developments and watching sports