Tesla shareholders bring lawsuit that could delay SolarCity deal
Tesla has announced that four shareholder lawsuits challenging the acquisition of SolarCity may delay the $2.6bn merger deal’s completion. The lawsuits allege that board members of both companies breached their fiduciary duties associated with the proposed merger. Although analysts have called the acquisition risky, Tesla has stated that it is nevertheless of strategic interest.

By Joyce Hanson (September 19, 2016, 2:38 PM EDT) -- Tesla Motors Inc. told investors Monday that four shareholder lawsuits challenging its proposed $2.6 billion merger with SolarCity Corp. may delay the electric car company's acquisition of the supplier of alternative energy systems....

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