SunEdison's yieldco to pay less for Vivint Solar's assets
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Deutsche Bank Comments on Amended SunEdison (SUNE) and Vivint Solar (VSLR) Transaction
December 9, 2015 2:17 PM ESTToday's amended SunEdison (NYSE: SUNE) and Vivint Solar (NYSE: VSLR) agreement, with the help of Blackstone (NYSE: BX), should help alleviate near term cash concerns, said Deutsche Bank analyst Vishal Shah.
Earlier the two sides said they reached an agreement to amend the terms of merger agreement, with Blackstone providing a $250 million credit facility to fund the ongoing growth of SunEdison.
Commenting on developments, Shah said, "Blackstone will likely... More
SunEdison (SUNE) Saves About $4.15/Share with Amended Vivint Solar (VSLR) Deal - RBC Capital
December 9, 2015 11:59 AM ESTRBC Capital analyst Mahesh Sanganeria weighed in on SunEdison (NYSE: SUNE) after the company announced amended merger agreement to acquire Vivint Solar (NASDAQ: VSLR).
According to the amended term, SunEdison will reduce the cash portion of the offer by $2.00/share, increase the stock portion of the... More
