Vivint Solar, Inc. (VSLR)

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LAWSUIT - SHAREHOLDERS TO GET HIGHER PRICE
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Vivint Solar Sued by Shareholder Over Merger Bid - (via NewsPoints Desk)
August 3, 2015
Tags: NewsPoints Vivint SunEdision United States Corporate Affairs Mergers &
Acquisitions

A Vivint Solar shareholder, filed a lawsuit in Delaware Chancery Court attempting
to block the $2.2 billion purchase of the company by SunEdison.
The shareholder accused Vivent’s board of breach of fiduciary duties, arguing
that the purchase price is insufficient in light of the company's growth
prospects and that deal-protection clauses in the agreement preclude other
companies from submitting successful competing offers.

Vivint did not immediately respond to requests for a comment.

To contact the law firm on behalf of shareholders of
Vivint for more information call toll free 800.511.7037