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SunPower Corporation Message Board

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  • get_imaginary get_imaginary May 12, 2011 11:50 AM Flag

    Has anyone received the tender offer letter from Sunpower or TOT?

    "If 60% or more, then they will buy 60% of tendred shares"

    That's not correct. Total wants a 60% stake in SunPower. If they purchased 60% of 60% of the total shares that would only give them a 36% stake (0.6*0.6=0.36).

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