Finance

Tesla’s US$2.6 billion SolarCity buyout ruled fair as dismissal of shareholder suit upheld



TESLA’s US$2.6 billion acquisition of SolarCity in 2016 was “entirely fair” to shareholders, Delaware’s top court ruled, upholding the dismissal of an investor lawsuit and sparing Elon Musk from a potential multibillion-dollar hit.



READ SOURCE

Business Asia
the authorBusiness Asia

Leave a Reply