Tesla, SolarCity set to announce merger on Monday
Elon Musk, the billionaire and CEO of Motors Inc.
She said people familiar with the matter Tesla Motors
and SolarCity can declare that they have agreed to merge as early as Monday,
paving the way for a campaign to persuade the two shareholders to support the deal.
Combining clean auto energy with solar panel installer key part of the billionaire Elon Musk strategy, the World Health Organization earlier this month revealed his master “Dox part”, which calls for the combined company to provide consumers with a single source of hardware to power lifestyle plan low-carbon.
While Musk is the CEO SolarCity chairman and the largest shareholder in both companies, the merger agreement was not certain that SolarCity special committee to review the Tesla has formed an independent view of the impact of musk and other executives close to him.
Residents said on Sunday is likely to include the provision of so-called light shop that will allow SolarCity to continue to seek offers from other potential buyers for a short period of time after signing the merger agreement.
Can not the conditions set for the deal to learn. Tesla has previously said it offered from 0.122 to 0.131 of its shares for every share SolarCity.