VSLR - Residential Solar Shaken Up With Sunrun-Vivint Solar Team Up
Sunrun's (RUN) move to acquire Vivint Solar (VSLR) will dramatically transform the residential solar industry. Sunrun will acquire Vivint Solar for a whopping $3.2 billion, making this acquisition one of the largest in residential solar history. In fact, this acquisition will be larger than Tesla's (TSLA) acquisition of SolarCity, which was one of the largest solar deals at the time.
Investors have generally reacted well to this acquisition, with Sunrun and Vivint Solar's stock prices skyrocketing 20% and 38%, respectively, following the news. While this acquisition will certainly benefit both Sunrun