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by tcoppi
3613 days ago
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Usually buyouts like this are priced well above the current trading range of the acquisition, presumably in order quell shareholder opposition. In this case I think it is probably a more than fair price for SolarCity, even though it is lower than where it has been trading. SolarCity's future prospects at this point mostly hinge on integrating with storage technology, now that net metering is starting to get killed off slowly. Tesla can provide that, so it is only fair they get them at a bit of a discount. If someone else who can pay comes along and thinks they are worth more, they will. |
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