MEMC Electronic (WFR) Completes SunEdison Acquisition
MEMC Electronic Materials, Inc. (NYSE: WFR) has completed the acquisition of privately held Sun Edison LLC, a developer of solar power projects and North America's largest solar energy services provider.
As previously disclosed, the purchase price of $200 million was paid 70% in cash and 30% in MEMC stock, plus certain retention payments, transaction expenses, and the assumption of net debt.
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