Under the Symbol:
SunEdison, Inc. (NYSE: SUNE) Analyst Coverage Initiated; Report by Broad Street
Tuesday, April 5, 2016 1:22 PM
MARYLAND HEIGHTS, MO / ACCESSWIRE / April, 5 2016 / SunEdison, Inc. (NYSE: SUNE) the largest global renewable energy development company, recently provided comments on Delaware Chancery court ruling. SunEdison issued a statement following the ruling from the Court of Chancery in the State of Delaware denying Appaloosa Management LP's request for a preliminary injunction with regard to the previously announced amended agreements under which TerraForm will purchase certain assets from SunEdison in connection with SunEdison's acquisition of Vivint Solar, Inc. (VSLR). "We are gratified that the court denied the injunction and now we look ahead to continuing to navigate current market conditions."
Will this judgment help SUNE turnaround the treacherous fall in share price it has experienced in the last year?
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