PALO ALTO — Tesla said Monday it will acquire SolarCity for $2.6 billion ... The proposal calls for SolarCity investors to receive Tesla stock. The $2.6 billion deal values SolarCity stock at $25.37 per share, a discount from the company’s …
Tesla's stock swap offer valued SolarCity at $25.37 a share, or $200 million less than the initial proposal that Musk outlined in June, before advisers to the companies had done due diligence. SolarCity shares closed last Friday at about 5 …
The stock deal values SolarCity at up to $2.8 billion, or between $26.50 and $28.50 per share. That’s a premium of about 20% to 30% over SolarCity’s Tuesday closing price of $21.19. Musk said on a conference call following the …
SolarCity (SCTY) shares soared as much as 12 percent Wednesday after Tesla Motors (TSLA) made a $2.8 billion offer to buy the clean energy provider in pursuit of synergy. The stock later pared its gains, ending the day up just 3 percent. …
PALO ALTO, California -- Tesla Motors now owns the nation's largest solar panel installer. Tesla's deal to acquire SolarCity Corp. closed Monday morning. Shareholders of both companies approved the deal last week by wide margins. The all …