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OTCdoc

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OTCdoc

Re: None

Friday, 12/11/2015 10:51:03 PM

Friday, December 11, 2015 10:51:03 PM

Post# of 36208
Best Stocks Under $5: Sunedison Inc (SUNE)

12/11/15 Closing Price: $4.15 (+13% for the week)

Sunedison Inc (NYSE:SUNE) shone brightly this week after the renewable energy developer was able to change the terms of its acquisition of Vivint Solar Inc (NYSE:VSLR), SUNE will now pay $15.25 per share rather than $16.50 — it will pay 75 cents more per share in its stock, but will pay $2 less in cash. Blackstone Group LP (NYSE:BX) will probably become a major holder of the company upon completion of the deal.

In addition, SUNE announced today that it sold some wind-powered assets to Terra Nova Renewable Partners for the sum of $209 million
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