SolarCity forms special committee to evaluate Tesla offer
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Elon Musk, chairman of SolarCity and CEO of Tesla Motors, speaks at SolarCity’s Inside Energy Summit in Manhattan, New York October 2, 2015.
Reuters/Rashid Umar Abbasi/File Photo
Solar panel maker SolarCity Corp (SCTY.O) said on Monday it has formed a special committee to evaluate Tesla Motors Inc’s (TSLA.O) $2.8 billion offer.
The special committee consists of independent directors Donald Kendall and Nancy Pfund.
(Reporting by Anya George Tharakan in Bengaluru)