Vivint Solar to Seek Damages for SunEdison’s Alleged Willful Breach of Merger Agreement
March 09,2016
Vivint Solar today announced that it commenced an action in the Court of Chancery of the State of Delaware suing SunEdison, Inc. over what Vivint alleged was SunEdison's, "willful breach of the merger agreement between Vivint Solar and SunEdison."
Among other things, Vivint Solar is seeking damages for the benefits its stockholders expected in connection with the transaction.
