What You Need to Know About Sunrun's Acquisition of Vivint Solar

What You Need to Know About Sunrun's Acquisition of Vivint Solar

Sunrun (NASDAQ: RUN) made a huge move in residential solar last night, agreeing to buy Vivint Solar (NYSE: VSLR), the No. 2 company in the U.S. by market share. The deal will get Vivint Solar shareholders 0.55 shares of Sunrun for each Vivint Solar share. The deal is surprising given that it effectively creates a monopoly in the U.S. residential solar market.