To me, it looks pretty obvious that SUNE wants out of the contract as well, but the members of Vivent want their promised PPS in the buyout. Of course they voted in favor of the deal, because the board would have made millions on their held shares. SUNEDISON doesn't need that aspect of the market, they already have a Sunedison semiconductor division that is trading around $6.50 per share...if they really needed money, I am sure that is a viable option to do another merger with in an attempt to produce a cash infusion. After all, they were under one roof at one time before.
SUNE is purposely delaying their annual report until after the deal is fully dissolved. After March 16? I believe, both parties get to walk away with out penalty. Now that the banks have backed out(LOL), and financials are "Delayed" due to internal investigations(LOL), they will have not choice but to let this "Sweet Deal" of acquiring/buying out Vivient go by the wayside.
Is it on purpose...HMMMMMMM...Of Course It Is!
In My Own Personal Opinion Of Course!
In My Own Personal Opinion Of Course!
