Scalper1 News
Bowing to heightened pressure from hedge fund Appaloosa Management, SunEdison (SUNE) cut its bid on Vivint Solar (VSLR) by $2 per share Wednesday, reflecting Vivint Solar’s 23% depression on Wall Street since the original $2.2 billion offer was announced in July. The bid reduction was announced in conjunction with a $250 million loan from Blackstone Group, prompting solar stocks to light up Wednesday on Wall Street. In midday trading on the stock Scalper1 News
Scalper1 News