Re:Tesla Makes Offer to Acquire SolarCity
by runako on Tuesday June 21, 2016 @05:22PM
(#11949513)
TSLA would be paying ~10% of its market value to buy a company that loses money. And they would do so at a premium to SCTY's current market value. TSLA already had an aggressive CapEx plan. So TSLA going down makes sense.
SCTY should trade up into the range of the offer.