Tesla offers to buy solar panel maker SolarCity
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Needham & Company Remains Sidelined on SolarCity (SCTY) Following Announced Offer From TSLA
June 22, 2016 9:21 AM EDTNeedham & Company reiterated a Hold rating on SolarCity (NASDAQ: SCTY) following the company's announcement that it has received an offer from TSLA to acquire all of its outstanding shares in a stock exchange deal. The purchase would be at an exchange ratio of 0.122-0.131x TSLA shares for each... More
Tesla (TSLA) Falls 11% on Offer to Acquire SolarCity (SCTY) in All-Stock Deal
June 21, 2016 5:52 PM EDTTesla (NASDAQ: TSLA) sinks 11% to $195.60 after-hours amid news the company offered to acquire SolarCity Corp (NASDAQ: SCTY) for $26.50-28.50 per share in an all-stock deal.
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