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Re: simba1 post# 27878

Wednesday, 09/28/2016 8:09:33 AM

Wednesday, September 28, 2016 8:09:33 AM

Post# of 36208
How is the Appaloosa Settlement a good thing for SUNE? TERP agrees with its own stockholder that it WILL begin to prepare its own financials and seek greater independence on its Board. But SUNE has voting control of TERP (Class B shares) and currently provides all of TERP's (zero employees) business functions. Unless TERP pays SUNE to give up control what incentive does SUNE have to do anything? Given the vitriol between the two companies I don't see any benefit inuring to SUNE.

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