Tesla gets more than solar panels with offer to acquire SolarCity — TechCrunch

News of an offer from Tesla to acquire SolarCity came mostly unexpected to traders earlier this afternoon. In a rapid “knee-jerk” reaction, traders bid up SolarCity by 13 percent and sent Tesla tumbling down 12 percent. It is typical for the stock of an acquisition target to spike while the acquirer’s stock falls according to Michael Morosi of…

via Tesla gets more than solar panels with offer to acquire SolarCity — TechCrunch

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"When the power of love overcomes the love of power, the world will know peace." - Jimmy Hendrix (1942 - 1970)

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