Coatue Management, L.L.C. entered into stock purchase agreement to acquire 9.27% stake in Vivint Solar, Inc. (NYSE:VSLR) from Blackstone Capital Partners VI, L.P., a fund managed by The Blackstone Group Inc. (NYSE:BX) for $250 million on August 17, 2020. Coatue Management will acquire 11.6 million shares of Vivint Solar common stock for $21.50 per share. Coatue agreed to vote shares of Vivint Solar common stock acquired in the purchase in favor of the adoption of the merger agreement filled by Sunrun, Inc. Joshua Dubofsky and Gregory Rodgers of Latham & Watkins LLP acted as legal advisors to Coatue Management, L.L.C.
Market Closed -
Other stock markets
|
5-day change | 1st Jan Change | ||
126 USD | +3.14% | +3.68% | -3.78% |
01:24am | City Developments Unit Buys Hilton Paris Opera for 240 Million Euros | MT |
05-14 | Financials Up as Brokers, Asset Managers Buoyed by Market Momentum -- Financials Roundup | DJ |
EPS Revisions
1st Jan change | Capi. | |
---|---|---|
-3.78% | 92.72B | |
+23.65% | 88.95B | |
+21.87% | 27.29B | |
-2.35% | 18.29B | |
+16.56% | 15.67B | |
+3.96% | 15.01B | |
-18.03% | 12.6B | |
+14.76% | 9.39B | |
+24.30% | 9.21B | |
+28.09% | 7.18B |
- Stock Market
- Equities
- BX Stock
- News Blackstone Inc.
- Coatue Management, L.L.C. entered into stock purchase agreement to acquire 9.27% stake in Vivint Solar, Inc. from Blackstone Capital Partners VI, L.P., a fund managed by The Blackstone Group Inc. (NYSE: BX) for $250 million.