SunEdison - Terraform Power - Terraform Global SUNE/TERP/GLB Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Gold/Mining/Energy : SunEdison - Terraform Power - Terraform Global SUNE/TERP/GLB

SUNEQ 0.0101

-5.6%

Dec 29 4:00 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Sam who wrote (660)	1/28/2017 6:29:22 AM
From: Sam	of 676

A comment from S.A. that briefly sums up the important points in the SEC filing from Knighthead in the previous post: TERRAFORM HOLDER KNIGHTHEAD CALLS BROOKFIELD BID ‘INADEQUATE’ Posted on January 27, 2017 Knighthead Capital says it’s “imperative” that Class A shareholders of TerraForm Global be “adequately” represented before any final decisions are made. Says GLBL should appoint Nils Larsen and Neal Goldman to board, citing need for more independent directors Says recent comparable sale of Renova Energia in Brazil implies valuation of GLBL at $7.21/share Says Knighthead reserves rights to compel annual meeting to elect directors, facilitate Class A shareholder rights offering to purchase Class B shares on same terms as Brookfield Raises stake to 7.2% from 6.4% in December NOTE: Jan. 23, TerraForm Power Reports Exclusivity Pact With Brookfield Asset

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next