By FDI Creative Services on 06/27/2016
Category: Security News

SolarCity forms special committee to evaluate Tesla offer

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)

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