Sunedison Inc (SUNE) Seals $2.2 Billion Deal To Acquire Vivint Solar Inc (VSLR)

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…