Vivint or the Solar division of Vivint? I don't think either needs this deal to survive.
I think there was debt involved in the purchase agreement from what I read. But nothing Blackstone can't handle, I'm sure. Vivint non-solar could probably care less. They seem very distinctly to be structured as two separate entities, but I could be wrong. -----Original Message----- From: Af [mailto:[email protected]] On Behalf Of [email protected] Sent: Monday, March 14, 2016 12:48 PM To: [email protected] Subject: Re: [AFMUG] OT Vivint Solar Was Vivint needing this deal to survive? -----Original Message----- From: Sterling Jacobson Sent: Monday, March 14, 2016 12:37 PM To: '[email protected]' Subject: [AFMUG] OT Vivint Solar Oops! http://www.forbes.com/sites/antoinegara/2016/03/11/sunedisons-cfo-departs-amid-accounting-review-and-broken-deal-to-focus-on-yieldcos/#2a390b404d22 Looks like shady accounting and lost deals took out SunEdison and scuttled the Vivint deal. Sucks for my friends at Vivint Solar, but in the end probably much better off not having gone through with it.
