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joseph53

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joseph53

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Friday, 01/22/2016 12:31:14 PM

Friday, January 22, 2016 12:31:14 PM

Post# of 36208
Some recent good news for SunEdison is that a vehicle of Blackstone Group LP (NYSE: BX) is willing to take SunEdison stock and convertibles in lieu of a cash in exchange for its Vivint shares. Because Blackstone is willing to hold shares, the bull case is that despite SunEdison's high cost of capital, its large debt load, and Appaloosa's demands, SunEdison's troubles are being resolved. So things are looking up IMO. : )
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