Tag: buyout

First Solar and SunPower Lobby Shareholders to Sell 8point3 YieldCo

by Tom Konrad Ph.D., CFA Will shareholders accept the deal? On Monday, 8point3 Energy Partners, the joint YieldCo from First Solar and SunPower, entered into a definitive agreement to be acquired by Capital Dynamics. When public companies are sold, it's almost always at a premium to the market price. It's that price premium that persuades shareholders to sell. So why would 8point3 (NASD: CAFD) shareholders accept a deal that offers them only $12.35, or 15 to 20 percent below the roughly $15 price CAFD has been trading around for the past three months? To answer this question, we need a little history. Jan Schalkwijk, founder...
buy best replicawatches vist www.findreplicawatches.is, forum forum.replica-watch.info, rolex replicas for sale www.replicasale.me
Close Bitnami banner