Vivint Solar: Sunrun Acquires Vivint Solar Creating a Valuation of $22B

Sunrun Inc.RUNhas recently completed its acquisition of Vivint Solar, following the approval by regulators and stockholders of both companies. The deal was initially announced on Jul 6, 2020.Vivint Solar's stockholders are now entitled to receive 0.55 shares of Sunrun common stock for each share of the former's stock owned, immediately before the consummation of the acquisition. Vivint Solar will operate as a Sunrun company for the immediate future and will later be integrated into the Sunrun organization, over the coming quarters.Rationale Behind the Planned Acquisition ...Read The Full Article On MicroSmallCap.comGet early insight on hidden secret gems on MicroSmallCap. Follow Crypto, Mining, Cannabis and Energy stocks and get free research reports here.All content provided by MicroSmallCap is subject to our Terms Of Use and Disclaimer.