Tesla acquiring SolarCity in $2.6B all-stock deal; expected close of transaction in Q4
Green Car Congress
AUGUST 1, 2016
Tesla and SolarCity reached agreement for the automaker’s purchase of the solar company in an all-stock deal valued at $2.6 billion proposal made by Tesla just over a month ago. SolarCity will operate as a wholly-owned subsidiary of Tesla. is on both Tesla and SolarCity boards. Earlier post.)
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