Tag Archives: FEDERAL TRADE COMMISSION APPROVES MERGER

FEDERAL TRADE COMMISSION APPROVES MERGER BETWEEN TESLA, SOLARCITY

The Federal Trade Commission (FTC) has cleared Tesla to buy SolarCity, the solar energy provider that Tesla CEO Elon Musk helped found. The government’s blessing paves the way for the merger plan Tesla announced at the beginning of the month, a deal said to be worth $2.6 billion.

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